The Archive · 1938

Thursday's Closing Quotations

New York, Mar. 31.

Stock prices on Wall Street to-day finished with losses generally ranging to about 2 points, with a few touching as low as 3 to 5 points, while a handful advanced about 1 point. The recent misgivings and perplexities remain, and confidence in the market is lacking.; After advancing moderately, prides encountered renewed selling and liquidation, which impaired margin &ccounts. Prices, however, finished slightly above the day's lows. Steels reacted in face of predictions that mill activity during the second quarter would average 45 per cent. of capacity. Meanwhile, the opinion prevails that the market, at present, needs a clear-cut statement, preferably by President Roosevelt, calculated to reassure business. The turnover to-day amounted to 1,270.-

000 shares.

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

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