The Archive · 1939

Dow-Jones Summary

Courtesy of Swan, Culbertson & Frit:

Stock prices moved irregularly higher today, with trading around one of the lightest levels recorded so far for 1939. Operators continued to be cautious, many desiring to remain outside the floor until the Reichstag meeting next week, whilst others preferred to keep to the sidelines over the weekend. Business news was mostly favourable: automobile production reached 90.280 cars this week, And two major steel companies announced their schedules for next week would remain unchanged. However, favourable factors were mostly ignored, while many predictions pointed to Saturday's attendance en ihe Exchange as being very light. Trading continued to be dull throughout the day, despite moderate profit taking during the final hour.

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

Your account