By courtesy of Swan, Culbertson & Fritz Stock prices recorded an irregular decline early in the session today, followed by a rally in market leaders before the close with some minor gains recorded, The resumption of operations in the coal mining industry steadied steels, Late business news included: further engineering and construction award gains; better than expected carloadings; dividend of $0.50 per share for Standard Oil of New Jersey plus an extra $0.50 per share; and, Pan-American Air reported the best year in its history.
Stocks:—The market's: indifference to excellent earnings reports suggests the possibility of more unfavourable war developments coming.
Text read from the printed page and cleaned; old type leaves the occasional error.