Stock Market Gains In Sluggish Trading
NEW YORKÛÓThe stock market reversed its recent downward course Tuesday hut could not pul much power into the advance.</br></br>The Dow Jones average of 30 indsutrials rose 6.88 to 846.84, while gainers edged out losers by about 7 to 6 margin on the New York Stock Exchange.</br></br>Brokers termed the upswing largely technical, although some said there was a bit of hope on Wall Street that interest rates, which have been rising steeply in the past few weeks,' might be ready to top out.</br></br>Allied Chemical, which posted a 50 per cent earnings gain for the first quarter, rose Its to 4IV2 in active trading.</br></br>Other gainers in the chemical group included Du Pont, up 1% at 170, and Dow Chemical, 1% points ahead at 61.