New York, Oct. 6.
Stock prices on Wall Street today finished mostly from fractions to 1 point lower, while a few issues gained from 1 to 2 points. After an initial buying splurge with gains from fractions to 4 points recorded, prices quietly but persistently sagged.
While many quarters interpreted Herr Hitlers overtures as unfavourable to peace hopes, others decided to await developments, believing the replies of tne Allies might leave the way open for bargaining.
Steels were very prominent either way, and it is understood that buying of steel products for the first quarter has started, although tonnages were comparatively small.
Meanwhile, it is understood that many operators are awalting official Anglo-French statements in response to Herr Hitler's speech, before taking up new positions in the market.
The turnover today amounted to 1330000 shares.—Reuter.
Text read from the printed page and cleaned; old type leaves the occasional error.