Thursday's Closing Quotations New York, June 29.
Stock prices on Wall Street today lost frot fractions to about 2 points in a session.of fairly active trading, with weakness imparted to the whole structure by apprehension over the Danzig situation. Selling was centered on steels and industrials, but rails and utilities showed more resistance. More favourable business news was ignored, while the Far Eastern picture and domestic difficulties were also temporarily placed in the background. The volume of trading today amounted to 820,000 shares.—Reuter. white metal and refusing to grant an extension of the' President's power to devalue the dollar, further disturbed sentiment in the. financial community. Other unfavourable factors were. the decline in steel mill Operations; prospects of new labour trouble in the motorcar industry; ihe weakness of silver, and the deadlock between the Senate and the House of Representatives over the Tennessee, Valley Authority Bill., Little attention' was paid to such favourable developments as the improvement shown in May railroad earnings; the increase in electricity output to the best levels since February 4, and the sharp decline in gasoline stocks. The New York Times Index of. business activity during the past week was placed at 906. against 899 for the previous week and 76.9 for ths Erde host. important! fields was reported ied of last year. Activity in ihe
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