The Archive · 1939

New York Stocks

Tuesday's Closing Quotations

New York, June 20.

Stock prices on Wall Street gained from fractions to one point today, in response to the quick passage of the Tax Revision Bill through the House of Representatives. At the same time, domestic business news favoured an adjustment of the upside, with the firmer tone of foreign markets a helpful factor. Aviations were to the forefront, coincident with the French Government's aeroplane order for $5,000,000. Oils and metals showed an exceptionally reactionary tendency, the former on the cool reception given to the gasoline price increase and the latter in sympathy with the slump in London silver. The volume of trading amounted to 480,000 shares—Reuter.

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

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