List Resumes Winning Way After Lapse: D-J Reconquers 900 Level
NEW YORK, March 2 (AP)ÛÓThe stock market overcame a tendency toward further profit taking and returned to the winning column today after a one-day lapse. Trading was active.</br></br>The rise came following yesterdayÛªs interruption of a series of seven straight daily advances which took the Dow Jones industrial average once more above the 900 level.</br></br>TodayÛªs gain recovered a good portion of yesterdayÛªs decline. The Dow industrials rose 2.15 to 901.91. On average, the movements both days were small.</br></br>Exceptional strength developed in some of the airlines, some rails, electrical equipments and rubbers. The advance was irregular, with not much of a plurality of gainers over losers in the stock list. The rise was accomplished despite weakness in du Pont, off 2Vz, Eastman Kodak, off 1, American Telephone, off % and Sears, Roebuck, off %.</br></br>Gold minning stocks again made gains, spurred by reports of a shrinkage in U.S. gold holdings and further concern about the NationÛªs balance of payments in foreign exchange. Other nonferrous metals moved ahead moderately. The three top steelmakers, however, lost fractions.