The Archive · 1939

Brokers Loans By

New York, Nov. 2.

Loans on security to brokers in New York by the reporting member denke of the Federal Reserve System. for. the "ended "November totalled"

"Showing & de- Rev. ly crease of compared with the corresponding period of last year.

Loans to brokers during the pre. ul, cetiing week were given as $467,000,- 000, or $5,000,000 lower than the the period rs rallied in sympathy he [modity.: D advance in the price of the com-

By Courtesy of Sán, Culbertson & Fritz The Bourse opened firm today led By French issues although inter-"pru displayed a nationals displayed an irregular trend, ey during most of During the session, still led by the "Dow-Jones 65 french stocks, the market advanced Thurs- to a. consi considerable losing extent Ok "lowest E October prices were amongst the day's highest There were, however, no signs of levels.—Havas. trading prices moved upward aided by demand for aviations and short-covering on the belief that the neutrality bill would be sent into conference last night.

The market was fairly quiet as the market awaited the outcome of the Congressional battle on neutrality, Curtis Wright was volume leader on expectations of immense foreign orders.

There is much conservatism developing on wall Street, however, because of feats of a business decline in the first quarter of 1940.

Curtis Wright, Sears Roebuck and Glenn Martin hit new highs today but there was only a moderate increase in activity in other sections. Steels showed minor gains and utilities were firm. Sugars rallied and motors were steady. Rails were around their previous close. Oils were mixed.—United Press.

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

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