The Archive · 1937

New York Stocks

By courtesy of Sloan, Culbertson & Frits Stock prices during the past week have continued to fluctuate narrowly and irregularly between their recent highs and lows, The weakness of commodity prices and further labour luntest were depressing influences and offset the Improvement in. sentiment which resulted from the allaying of feats as to a possible reduction in the price of gold. Several individual cama Gas 66g His ESR Eagn cor a onsetts Copper Mines Stocks, notably "General Motor Fenehed new lows for the year bui Ba there were no Indications of import ant liquidation and. the dally tum fevers "averaged less than 700,000 shares for a full session.

'Commodity quotations as measured the Dow-Jones index slumped their lowest leval since last October. Tu the ease of wheat, good rains and bullish crop reports' offset the appearance of black rust, Heavy shipments of corn were received from the Argentine and the new crop is off to an excellent start, The news Be concerning the cotton crop was also favourable with the acreage increase estimated around 14 per cent. and a bad Be crop of from 14,500,000. to 15,600,000 bates in prospect, "Rubber declined on general liquidation by dealers and pect consume demung' Seer relatively steady and was helped: by ood Cuban buying, Business generally was well sustained and apparently litre affected by strikes In the "steel Industry. Figures as to activity in some. in-Aividual ines: were off as a result of the, Memorial Day holiday falling within the period covered, lat Tlmnd Locomotive: Works 64 ae my The market in Agures: clines aaa sine Bh oat BY

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

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