1 OCTOBER 1937, Page 32

THE FALL AND RALLY IN AMERICANS.

After a hectic week in Wall Street there was a decided recovery last Monday, and Steel Common, for example, which had fallen under 8o, rallied to over 83. Even so, however, pricei at the time of writing still show a very heavy fall .from the highest of this year. And in that connexion I have to acknowledge my indebtedness to a reader who detected that in the short table given in this column last week the highest prices for the present year should have been read as the highest prices for the previous year. In order, there- fore, that the highest quotations for the current year shall be duly placed on record, I repeat the table, with the altered quotations for the highest of the year.

Atchison ..

Baltimore & 0. .. International Nickel

Illinois Central .. N.Y. Central Northern Pacific PennSylvania Southern Pacific Southern .. Union Pacific U.S. Steel ..

• •

• •

• • • • • • • • • • • • • • • • • •

Highest this year.

95 41 75i 381 561 374 504

67- 441 Iv 1294 ..

• - • •

• • • .

• • • • • • • • Present price.

59 17 531 17 284 19 33

19 106 83404

Fall from highest.

• • 36 • • 24

• • 221

.. 211

• • 271

• • ilif

.• .• 201

.. 34

• • 251

• • 45 45