From Share Market Report (Up to Friday noon):—There is nothing which really calls for any particular comment this week, JULY 14, 1939 unless it be, perhaps, that the sole exception to the decline in prices of shares has been 119,200 that of the Telephone Company, which has enjoyed a full measure of what little demand there has been generally speaking, and in the Ewos have not been without interest, transacting 17,390 sháres, and though losing 60 cents on the week closed steady and firm with buyers at $18.30. On the weekly index average, the "Industrial" section shews plus 2.59, while rubbers have dropped 0.75.
Debentures:—The Debenture market transaction of some 8,000 shares—nearly three times that of the preceding week—099 has added a dollar to its price, and closed 9 with buyers at $12.20 and sellers at $12.50. has ruled quiet, with Power 5}% in the lead, recording $70,000 at prevailing rates, Telephones taking second place with only $17,000 and Tls. 600.
Text read from the printed page and cleaned; old type leaves the occasional error.