SLUMP IN U.S.
ALL CLASSES FEEL PINCH. RESULT OF EXCHANGE BREAK. (BT CABtS—IRSS3 ASSOCIATION —CC»rrSIG*V) (ArSTBALIAX ASO 11. Z. iWOCUWWJ SEW YORK, March 3. The slump in the Stock Exchange ' n New York and elsewhere in the United States is now being felt in trade tittles throughout tho whole country, hairing caused a general depression in buying. It is estimated that 4,000,000 dollars have changed hands during the last few days, the winners being mostly men already prosperous, while the losers constituted a considerable aectiois of tho buying public. As a result, department stores and other retailers have noted a marked decrease in sales, and automobile firms have also suffered, in consequent® of which they are considering reducing prices to stimulate business. Many fashionable dressmakers have received cancellations of ord«s, and even theatres are feeling the piocb through loss of patronage.
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Press, Volume LXII, Issue 18634, 8 March 1926, Page 9
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141SLUMP IN U.S. Press, Volume LXII, Issue 18634, 8 March 1926, Page 9
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