Both stocks and bonds today fuct tuated irregularly in quiet dealings, while the major commodities ruled slightly easier. Although several stock issues reached new highs for 1939, operators were apparently awaiting more definite news of the trends. Favourable news items included an increase in Buick production,. the announcement that engineering construction awards for the present week are 121 per cent. over a yearsago, and a less than seasonal decline in car loadings. Unfavourable items consisted of the uneasiness concerning "Italian troop movements.
Stocks on the Curb Exchange failed to develop any definite trend.
Courtesy of Swan, Culbertson & Fritz
Text read from the printed page and cleaned; old type leaves the occasional error.