Thursday Aug. 29 Sept. 5 Change average for Indust. 12687 19410 up 723 D.-J. average for 20 Rails 2104 2929 up 2.25 D.-J. average for 15 Utilit 2219 29 up 32 D.-J. average for 30 Bonds 8848—8951 up 1.06 D.-J. 11 Commodity Index 5028—5185 up 157 enormous United. States Government spending programmes.
Wheat:—The apprehended reaction after fifteen days advance and the near approach to the loan price in Chicago "ar not yet been realized but it is still lo. Traders are apparently await-me for mew buying. The market is ruling' strong.
Corn:—The comparative easiness of deferred positions is due to the increasing doubt in regard to the perminence of the holding movement.
Rubbert—The good demand for phy-sicels "has mot yet been refected in futures, but the market looks higher. Trading at present is very quiet.
Hides:—The "broadening of -cülside interest absorbed profit-taking. The pur. base of March on any sizeable reaction is advisable.
Sugar No. 4:—Ruled quiet but firm Covering and small buying were noted By courtesy of Swan, Culbertson & Fritz Characterized by an advance on each successive day of the week, and the first million share day since June 28, stock prices on Wall Street during the current period under review finally broke out of the rut into which they had drifted during the past two months. On the month-end, the market penetrated the upper resistance levels of the normal secondary rally, in the face of the holiday weekend. The profit taking at the close of Tuesday's market was short lived, as prices advanced substantially the following day on good volume, reflecting increased confidence in the British position as a result of Hitler's talk of a five year old war, and the exchange Chicago Wheat. Winnipeg Wheat 7227 Corn 61%
Rubber 1907 Cotton 925 Hides 9.00 Sugar El Cocoa 415
Text read from the printed page and cleaned; old type leaves the occasional error.