Pivotal Gains Range to $2
NEW YORK. Jan. 29 i.41'ÛÓA recovery by steel shares paced the stock market to a good rise on slim volume today.</br></br>Steels, which have been buffeted by reports of slackening demand by auto and appliance makers, were the stars. Their performance was emphasized after the close when the directors of U. S. Steel raised the dividend to 75 cents paid on common in previous quarters.</br></br>The worldÛªs biggest steelmaker declared a higher payment despite the fact that its annual earnings, because of last summer's steel strike, were lower than in 1955.</br></br>The performance of "Big Steel" Highlighted the action of the entire list which was mixed 1 at the start. U. S. Steel was down *s in its opening trade. By the close it had a net gain of 1*8 and it expanded this gain later in trading on the Pacific Coast.	j</br></br>A buying wave kicked the entire market i ahead in mid-morning. Though turnover I slowed, stocks held the better part of their | gains and in some cases improved them. There were some sharp losses among selected issues, too.