The Archive · 1934

MENTOUKUO MINE COAL OUTPUT

Messrs. George McBain have ceived information "from the Men~ toukuo Mine that the output of coal for the month of May was 48,100 tons and that deliveries amounted to 42,410 tons.

Stock Outlook: We. have had feason to change our opinion frm that expressed last week namely that although a slight market rise may occur when Congress adjourns do not expect a sustained upward movement of common stock prices. The market may be rather dull, inclined to firmness rather than strength or weakness. We feel that for the individual investor it would be inadvisable to sell sound common stocks at the moment. He might even add cautiously stocks of seasoned companies to his investment portfolio if he con see his way clear to waiting until the end of the summer for profits at which time many expect that these will materialise.

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

Your account