The Archive · 1937

Monday's Closing Quotations

New York, Sept. 27.

Stock prices in Wall Street to-day after hesitating due to profit-taking, a little short selling and some necessirous selling as a result of margin calls, finished strong with gains ranging up to about 6 points. Buyers are now climbing aboard, owing to the belief that the recent pessimism has been overdone.

Steels were to the 2 forefront in the rally, while coppers 25 ruled strong, ignoring the slash in the 12 domestic copper price. The turnover 18 to-day amounted to 2,210,000 shares Reuter.

Text read from the printed page and cleaned; old type leaves the occasional error.

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