Favourable factory on the Stock Exchange today included: an improvement in retail and wholesale trade indexes; car-loadings reaching the highest point for the year; expectations that gross earnings for all railroads in June will surpass those of other months; and, the continued rise in the value of Stock Exchange membership seats. Unfavourable factors were: the continued uncertainty over the steel situation; fears that the CE. is mapping a new drive in the south; the reaction in non-ferrous metals; and, the impending - second quarter corporate reports.
Text read from the printed page and cleaned; old type leaves the occasional error.