The Archive · 1939

New York Stocks

Wednesday's Closing Quotations

New York, Oct. 25.

Stock prices on Wall Street advanced along a broad front today, finishing from fractions to 2 points up. While the advance attracted profit taking, the market responded selective buying.

The technical position of the market it viewed as very healthy. Moreover, business news is also very encouraging, with the 153 industrial companies showing an aggressive net in-ome for the third quarter of $118, 300,000, compared with $69,000,000 for che corresponding period of last year.

Steels, aircrafts and coppers bene-itted from predictions of the lifting st the arms embargo, as the Senate acored its final vote.

Meanwhile, many quarters expect only a temporary upward fillip in the vent of the Senate lifting the arms embargo, in connexion with which a seal fight in expected to take place in the House of Representatives.

The turnover today amounted to Reuter.

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

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