The Archive · 1938

New York Stocks

Thursday's Closing Quotations

New York, May 19.

Stock prices on Wall Street today finished with losses up to about 3 points, in a session of sluggish trading but there were no signs of any urgent selling. Most traders, how ever, remained neutral Despite hopes of consumers now re-entering the market on an extensive scale, steels eased, With the continuous drop in copper prices beginning to exert pressure in the domestic market, copper issues were depressed on leading smelters reducing the domestic copper price to nine cents, the lowest level recorded since October 1935. The turnover today amounted to 490,000 shares.

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

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