New York, Nov. 12. Prices on the New York Stock Exchange closed irregular today because of profit taking and some new buying.
Railway issues and some industrials etttekbuus BE were in heavy demand and some issues reached new highs for the year.
Numerous favourable corporation reports were issued today, sending some issues higher. In general the reports told a story of further increases in production with consequent prospects of increased profits.
Corporation reports generally indicated that the domestic defence Programme was more than compensating for losses of foreign markets Sagas i Beane' in most major lines.
New York Central remained the favourite rail stock today, but pennsylvanig, Louisville and Nashville, and the Chesapeake and Ohio also heavily bought.—United Press.
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