The Archive · 1937

New York Stock

EXCHANGE — Wednesday's Closing Quotations

New York, Nov. 3.

Stock prices in Wall Street were dragged-down to-day about 8 points, on spasmodic selling waves with sentiment gloomy and investment buying very restricted. The pressure on steels and motors and the heaviness of some commodities were very unsettling. The market chiefly reflected the lack of buying interest, with traders marking-time owing to unencouraging trade news. Steels were weak in response to a slack steel demand, while motors were heavy in view of the uncertainties surrounding the auto sales outlook. Coppers were under pressure on indications of a further softening in the prices of the commodity, The turnover to-day amounted to 1,740,000 shares.

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

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