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Simo Java Guilders C.S.$100. ce BH Netherlands Guilders C/$3100 °°!!! 53
National City Bank of New York New York, Nov. 15.
Stock prices in Wall Street to-day opened firm, but later were sold off! Sharply. Final quotations showed losses from fractions to about 5 points. Wall Street interests, although considering President Roose-vel's opening speech at to-day's special session of Congress as conciliatory to business, were disappointed somewhat at the lack of anything more concreg: to counteract business recess sion, While the general opinion prevails that the reference to taxation does not show much promise, It is generally regarded that the message has been well discounted, and will have little effect on the current market, in as much as it was anticipated. Steels were under pressure, owing io the further drop in steel mill activity to 364 per cent. for the previous week, Coppers were adversely influenced by the less favourable sta-fistical position of the commodity. Motors eased, while utilities and building issues were marking-time, awaiting further, developments in Washington, The turnover amounted te 1,450,000 shares.
Text read from the printed page and cleaned; old type leaves the occasional error.