The Archive · 1940

Business Index Steel Operation (c

Of capacity) Carloadings (carloads) Elec. power prod.

(kw. hrs) Aver, daily oil prod. (bbls.) Automobile output (cars)

*000 omitted.

Previous 143

825 769,000

*2,601,000

3,501,000

2164

Stock Outlook: While the action of the stock market throughout the current period was unfavourable, the lessening volume of trading suggests that any further decline might provide a good buying spot. In view of the imminent possibility of an attempted invasion of Britain, idle capital will most likely remain caus tious until there is some ive development.

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

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