The Archive · 1938

New York Stocks

Saturday's Closing Quotations

New York, Oct. 22.

Stock prices on Wall Street finished today irom fractions to about one point up, with profit faking well absorbed owing to the background of a rising industrial activity. Steels were very buoyant on indications of a further increase in steel mill activity. Aircrafts responded to the firmness of demand. Coppers improved on a sustained demand for the commodity. Motors received support, as the outlook for the motor industry continues to be bright. Meanwhile, ignoring some poor third quarter reports, specula-live eyes are focussed on those of the fourth quarter, The turnover today amounted to 1,130,000 shares.

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

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