WALL STREET SLUMP
BIGGEST BREAK IN HISTORY LOW LEVELS REACHED Pi ets AsEociat-.on— By Telegraph—Copyright NEW YORK, October 20. Reactionary forces took control of the stock market to-day, and with a devastating sweep reduced the values of listed securities to the lowest levels reached on the current decline. In the two hours to-which the trading was limited active_ issues passed through one of the widest breaks in history. Final quotations revealed net losses ranging from five to twenty-five points, and the aggregate depreciation of open market values was estimated at 1,000,000,000 dollars or more. The total turnover was 3,438,000 shares, representing the second heaviest volume for a Saturday sure the exchange was established. _ The Westingbpnse Electric lost eightoeji points, tho American Cano e'even;, tho American Tobacco , nine, and thb Auburn Auto twenty-five.—Australia,!! Press- Association. i
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Bibliographic details
Evening Star, Issue 20311, 21 October 1929, Page 9
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135WALL STREET SLUMP Evening Star, Issue 20311, 21 October 1929, Page 9
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