Aluminum Shares Slump
NEW YORK, June 27 (.T)ÛÓThe stock market made it three straight on the upside today and advanced enough to put the average ahead slightly for the week.</br></br>Turnover was active most of the session. Once again, the rise was irregular so far as pivotal issues are concerned. Lower-priced stocks continued yesterdayÛªs role in dominating the list of favorites.</br></br>Key stocks advanced from fractions to a point or so. There was a wide assortment of small losers or unchanged prices among them.</br></br>Aluminums slumped as a group on news that the Senate Interior Committee had rejected proposals for stockpiling that metal as well as lead and zinc. Some other metals lost ground. Drug shares enjoyed a late rally.</br></br>Favorable background factors included the Federal Reserve's continuation of 31-day bill purchases, thus continuing to provide member banks with loanable funds; a further drop in new car inventories: and Congressional passage of the bill repealing Federal freight taxes.