Mining Shares Slip in Mixed General List: Blue Chips Turn Buoyant
NEW YORK, May 22 (AP)ÛÓSome of the red hot mineral issues cooled off today as the Stock Market went through a mixed session with selective gains by blue chips late in the day. Trading slackened.</br></br>Texas Gulf Sulphur resumed its role as the most active stock, losing % at 54% on 297,800 ssares as additional profits were taken.</br></br>YesterdayÛªs hero in the current vogue for national resource discoveries, Occidental Petroleum, slipped to second most active and lost 1% at 31% on 162,000 shares.</br></br>A selective return to some of the blue chips in late trading was the opposite side of the coin as profits cashed on speculative gains were put into higher quality issues.</br></br>International Harvester rose 2, Caterpillar 1, IBM 2, Eastman Kodak 1% and Standard Oil (New Jersey) %.