The Archive · 1940

Dow-Jones Summary

By courtesy o] Swan, Culbertson & Fritz The volume on the Stock Exchange today approached a record low, with prices moving narrowly and irregularly. Recent active issues presented a very dull appearance: Loft, Incorporated, was not traded until 1.00 p.m. Foreign bonds generally advanced. Business news included the fifth consecutive ' week's gain for heavy construction and the statement of Mr. Harry I, Hopking, Secretary ci Commerce, {o the effect that manufacturing was well supported by e large volume of unfilled orders and also consumer purchases.

Stocks:—Airline business is reaching phenomenal proportions. 1t is expected {hat the Civil Aeronautics Authority will act soon on the application for additional routes. We recommend American Airlines and United Airlines.

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

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