Optimism was in evidence at. the} opening yesterday. aod the mürket continued active. Later. rumours used prices to ease but the market made a good recovery and closed with u very steady undertone Official Averages New York, May 13.
Conditions on Wall Street today were quiet, with stock prices general. ly closing with gains and losses of minor fractions about evenly divided.
The Street interpreted the flight of Herr Rudolph Hess from Germany favourably and this caused a moderate upswing carlier in the day. However, operators were not eager to follow the uptrend, being influenced by uncertainties over the new tax legislation and possibly near-term critical men aay Genet i540 9935 Rubbers Tata) 296,610 shares Average Change Today's war developments.
Subsequently, the market reacted ce e101 On realizing with steels and oils bead-0.87 ing the drop.
The volume of business done amounted to 430,000 shares, Morning Session
Text read from the printed page and cleaned; old type leaves the occasional error.