Dow Index Up 13.39 in Moderate Trading

NEW YORK —  Prices closed higher on Wall Street Friday as the stock market registered no reaction to the government’s gross national product figures and there was little other news to influence traders.

The Dow Jones index of 30 industrials closed up 13.39 at 2,485.33, recording a 24.71-point decline for the week.

Advancing issues outpaced declining issues by about 6 to 5 on the New York Stock Exchange.

Big Board volume totaled 158.39 million shares, down from 163.67 million Thursday.

Leading the NYSE most active list was Bear Stearns, which rose 1/8 to 16 5/8.

Nationwide turnover in NYSE-listed issues, including trades in those stocks on regional exchanges and in the over-the-counter market, totaled 184.30 million shares.

The NYSE’s composite index was up 0.67 to 173.70.

Standard & Poor’s index of 400 industrials rose 1.90 to 361.92 and S&P;’s 500-stock composite index was up 1.46 to 309.27.

At the American Stock Exchange, the market- value index rose 0.83 to 347.45. The NASDAQ composite index for the over-the-counter market closed at 429.13, up 1.50.

In the secondary market for Treasury bonds, prices of short-term governments fell 3/16 point, intermediate maturities fell 9/32 to 13/32 point and long-term issues were down 17/32 to 9/16 point, according to the investment firm of Salomon Bros.

In corporate trading, industrials and utilities fell point in light trading.

Among tax-exempt municipal bonds, revenue bonds were down 1/2 point in light trading.

Yields on three-month Treasury bills were up 17 basis points to 5.97%. Six-month bills rose 14 basis points to 6.26% and one-year bills were up 13 basis points at 6.78%.

Yields on 30-year Treasury bonds rose to 8.83% from 8.77%. The federal funds rate, the interest on overnight loans between banks, traded at 6.675%, up from 6.563% Thursday.