By courtesy of Swan, Culbertson & Fritz Dull conditions prevailed on the Stock Exchange today. Prices, however, firmed near the close and some foreign bonds substantially gained. Contrasting with the market lethargy is the high rate of business of most major lines: automobile sales are better than-expected whilst a rise is expected in carloadings. The Street favourably interpreted the report of the House of Representatives' Ways and Means Committee on the Excess Profits Tax. The single deterrent today was apparently war news.
Stocks:—White Motor is selling at half of its net working capital per share, which is favourable for the profit tax. The company earned $1.19 per share for the first six months. Large Army orders are being received.
Saigon rice per shih (176 1b.) $58.00
Cotton yn. 20's, D.H. per bale $1,012 Tungchow Cotton per picul 172
Wheat per picul (50 kilos) $21.00 Flour, local per bag (491b 15.00 picul Raw silk, Steamfil, 13/15 839% $5,550 20/22 78% 4,750
Electricity Output, (Edi-
Week Week Ended Ended 3 2/7 son Elec. Inst.'s) 2,605,000 2,601,000 (Kilowatt hours—000's omitted) Crude Oil Daily Average Production (Petro-N.Y.'s) 3,494,000 3,690,000 lenin Institute of
(barrels) nom.
Eagle Picher Lead $0.10
Text read from the printed page and cleaned; old type leaves the occasional error.