of capacity) Cerlosdings (carloads)
"trio power Droduction (k w hrs) Average Daily Oil (bbls) Automobile output fears)
*000 omitted.
2,209,000 *2,270,000
2343000 3256000
96300—96.735
Stock Outlook—From the "war score" lows, tde Dow-Jones Industrial average have advanced 2850 points and the Rails 10.15 to their November 12 and 9 highs, re: pectively. The conventional one-third retracement would bring the former to 14891 and the latter to 29.80. while a full two-thirds reaction could not be considered completed until the Industrials had declined to 139.41 and Rails to 26.42. Some indications point to the confirmation of a temporary floor at current levels and there is a section of opinion which believes for the next few weeks the market will move in a narrow trading range. Unsettlement abroad or unexpected adverse—domestic—developments would probably depress prices further.
Text read from the printed page and cleaned; old type leaves the occasional error.