The Archive · 1939

Dow-Jones Summary Courtesy of Swan, Culbertson & Frit

Stock prices advanced today from one to three points, reaching the highest levels recorded for a month on an increased volume of trading. A moderate demand brought out sharp gains in issues which previously had behaved thinly. The strength of the domestic list, hopes of an early settlement of the soft coal stalemate, which has been in existence since April 1, reduced tension abroad and the "Iron Age" statement that the downward trend of steel production {in some districts had been temporarily checked, all combined to assist the list.

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

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