By courtesy of Swan, Culbertson & Fritz Trading on the Stock Exchange today was a mere routine affair. F, W. Dodge Corporation reported that construction awards during May in thirty-seven Eastern states amounted to $283.156,000, the largest dollar total recorded since July, 1937. Steel demand is still tapering off. Manhattan department store sales have declined. Price reductions have been forced on some paper lines. A bumper wheat crop will possibly bring new restrictions. However, a slight increase in new financing is expected.
Text read from the printed page and cleaned; old type leaves the occasional error.