The Archive · 1938

Dow-Jones Summary By Courtesy of Swan, Culbertson & Fritz

Experts said that the market today, being momentarily relieved from European pressure, is following the course of major lines of business, in which further gains were reported this week, the sole exception being Department Store sales. Steel mill operations are predicted to touch 50 per cent. of capacity before October. Toledo manufacturers report a slight slackness in employment, which is believed to be a temporary adin: ment. There are some expectations thst industry will show a sharp upward movement after Monday. However, the market was still plagued by the rail wage dispute.

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

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