Stock Market Closes Mixed in Heavy Trading: DuPonts' Gain Lifts D-J Average
NEW YORK, May 14 (AP)ÛÓThe latest stock market rally petered out early today after two solid days of advance. Prices ended mixed.</br></br>Du Pont, however, made another big gain, rising 6% to 261. This was enough o overcome losses in some competent stocks and push the closely-watched Dow-Jones industrial average to another historic high of 939.62 with a gain of .75.</br></br>Du Pont made a high for the year and its advance was on top of a rise of 5% in the previous session. The stock was in renewed demand because directors meet on Monday and there is hope, once again, that they wil propose a stock split. Du Pont has also been spurred by reports of its big growth since it disposed of its General Motors holdings.</br></br>The rise in the Dow industrials was not an accurate reflection of the market, however. Of 1378 issues traded on the New York Stock Exchange, 572 declined and 543 advanced. New highs for the year totaled 106 and new lows 22.</br></br>The list moved a little higher in early trading, then faltered. Analysts called it pre-weekend profit taking based on the current high level of the list.