OCR Text |
Show M'S MARKETS New York, July 25. Early declines were extended in most instances but supporting rallies followed with 1 or better for Maxwell and Studebaker and material fractions for Reading, Union Pacific, American Locomotive and Steel. On the partial recovery the market became listless, absolute stagnation prevailing at midday. Board room gossip dealt mainly with the quarterly meeting of the Steel directors in the late afternoon and the prospects of an extra dividend on the common stock. Bonds were steady, international Issues, particularly the new French 5's displaying further activity. |