New York, June 25.
Stock prices on Wall Street today finished with gains up to about 2 points, with a few issues advancing from 3 to 4 points. Alfter slipping down, prices rallied following the statement issued by the U.S. Steel Corporation regarding wage cuts, while the further improvement in the industrial situation bolstered sentiment. President Roosevelt's speech last night was much debated, but it did not particularly influence the market. There was immediate heavy demand for steels which offset earlier easiness, while motors benefitted from lower steel prices. The turnover today amounted to 1,160,000 shares.
Text read from the printed page and cleaned; old type leaves the occasional error.