(Established 1880)
Carta (fully paid-up) ¥100;000,000 Reserve FUND. y139,850000
New York Market Lower New York, Oct. 27.
Prices declined irregularly on the New York Stock Exchange yesterday and traders were disappointed by the market's failure to pierce 1939 highs.
Utilities made the best showing and traders were pleased by the Bethlehem report showing net earnings equal {0:$1.10 per share. The report was construed favourably in financial giggles and some commentators predicted Bethlehem would net $4 in {he fourth quarter, Caution prevailed again today with some chartists believing that obstacles to a new rise may retard any ad-Vance. Some feel that a decline is im order but the general policy is to wait and see.
Text read from the printed page and cleaned; old type leaves the occasional error.