Coppers, Steels in Van
NEW YORK, Oct. 13 (AP)ÛÓThe stock market was undeterred by semiholiday conditions prevailing in observance of Columbus Day and climbed to another record peak today in heavy trading.</br></br>heading issues were up fractions to well over a point, holding the best of their gains despite some fast profit taking in the final minutes.</br></br>Volume was 4,550,000 shares, close to FridayÛªs 4,610,000 which was the yearÛªs biggest. A million shares changed hands in a turbulent first hour for the biggest opening hour since Jan. 16 when 1,264,280 shares were traded.</br></br>Because banks and many other business establishments were closed a dull session was anticipated. Ideas changed when huge blocks began to cross the tape from the start.</br></br>Confidence was bolstered by weekend reports of sharply increasing steel production and expectations of a further boost in copper prices at the custom smelter level. During the day steel production was reported at another 1958 high.