The Archive · 1938

New York Stocks

Tuesday's Closing Quotations

New York, May 24.

Stock prices on Wall Street today finished with losses of about 2 points. After fluctuating narrowly and irregularly, prices eased in late dealings on pressure and the still unsettled prevailing conditions. The decline of major commodities continues to be very disturbing, while the irregular European situation was a restraining influence. Steels were reserved, although a survey made by a Chicago producer indicates that the consumption in the mid-west has been running well ahead of output. In the bond market, the drop of rails is not regarded as particularly significant, since only a single transaction was iuvo; ved. The turnover today amounted to 420,000 shares.

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