The Archive · 1938

New York Stocks

Thursday's Closing Quotations

New York, Apr. 21.

Conditions on Wall Street today were quietly steady, with stock issues mostly recording gains from fractions to about one point. Little changes were seen in ideas regarding inflation or a natural business recovery; consequently, many operators were hoid-ing off awaiting developments. President Roosevelt's invitation to Mr. Henry Ford was interpreted that the administration was working toward a wide ce-operative movement to revive business. Utilities were buoyed owing to a more friendly Administrative attitude. The turnover amounted to 600,000 shares.

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

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