The Archive · 1939

Wall Street Studies Market

Until U.S. is Involved Traders Believe There Will be Opportunities to Make Money London, Oct. 7.

The Colonial Ofüce describes the German broadcast in Arabic, that Great Britain is considering the recruitment of a Jewish army to fight against the Arabs, as "preposterous."

it it were necessary to raise a force in Palestine to defend its territory against aggression, such a force would consist of Ar and Jews alike—Reuter.

New York, Oct. 6. wu Street is studying past performances to determine which stocks seem best situated for advance in war time, Commodity activity also is being explored fò% similar sons. Some of the experts thought the market community over did the buying on war news, although none anticipated by immediate break of broad proportions. Some looked for readjustment with selective buying and selling giving the market an irregular appearance. One thing the declaration of war by Great Britain and France has done, it is pointed out, is to eliminate the war problem from the realm Japanese Army Mission Leaves Naples Rome, Oc The Japanese military mission, headed by General Count Terauch sailed from Naples today for Japan via the United States on board the luxury liner Rex.—Havas. of uncertainty.

PA Wall Street recognizes ihat w production and consumption is pu Foundries, Baldwin Locomotive.

Shipbuilding—Electrie Boat, New economic loss.

However, until the United States is involved, if it is Todd Shipyards. riy-Ludlum, Bethlevolved, the trading element believes her Steel, Crucible Steel, and U.S. there will be many opportunities to Steel. make money. A majority though,, Sugar—American Sugar, the chances of profits similar to those American Sugar Refining, Cuban of the last war will not be tolerated American, Fajardo, and Great Western. by the government and hence there Commo s an attitude of caution in trading

MARKET PRICES

Commodities have been in demand ranks, in every war. In the last one, wide The following prices, effective in gains were registered. Wheat jumped

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

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