Railway loans led another ad
vance in the bond market. Car
riers, on the Stock Market, were
unable to follow through their
spurt of yesterday, notwithstanding
the upturn in freight traffic and
improved business reports, while
many other stocks lagged.
Metal Popular
Metals came into popularity dur
ing the last hour.
Some commodity issues reflected
inflationary possibilities.
Gains around a point or two
occurred for Goodyear, Anaconda,
Kennecott, Nickel, Radio, American
Smelting, Johns-Manville, Goodrich,
Public Utilities of New Jersey.
Losses
Loses of one point or more oc
curred for Santa Fe, United States
Steel, New York Central, Southern
Pacific, Standard Oil of California,
and Standard Oil of New Jersey.
Off three points were Union Pa
cific, Delaware and Hudson.
Active buying of several curb
groups brought many substantial
advances in the face of profit
taking..
CLOSING PRICES TODAY
NEW YORK, May 3. — Closing
quotation of Alaska Juneau mine
stock today is 15%, American Can
80%, American Power and Light 8,
Anaconda 13%, Bethlehem Steel
25'i. Calumet and Heel a 4%, Ar
mour B 2%, Fox Films 2, Gen
eral Motors 21, International Har
vester 33%. Kennecott 16, General
American Tank 24%, Packard Mot
ors 3%, United States Steel 46%. |
NOMINATION
IS BLOCKED
WASHINGTON. May- 3—Sena
tor Simeon D. Fess, of Ohio, has
blocked confirmation of J. F. T.
O'Connor, of Los Angeles, Cal., as
Comptroller of Currency, after
Chairman Harrison, of the Finance
Committe, asked for unanimous
consent for consideration.
