The Archive · 1937

Thursday's Closing Quotations

New York, Oct. 22.

Stock prices in Wall Street to-day Closed very firm with gains of about 3 points predominating, while a handful of issues declined about 2 points. The market briskly advanced early in ihe session on more favourable European political news and the strength vf foreign markets, but turned irregular as the pace surged upward, vending to create caution. The ticker for the first time this week was easily able to cope with the volume 295, of transactions. There was wide spread profit-taking, but prices, however, again showed a stiffening tendency in late dealings. The strength of rails was due to expectations of an early decision by the Interstate Commerce Commission for higher freight rates, The turn-over to-day amounted to 3,640,000 shares.

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

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