WALL STREET
PRICES BREAK SHARPLY FLOOD OF SELLING. Press Association—By Telegraph—Copyright. ‘ NEW YORK, December 16. Stock prices broke sharply with a flood of selling orders, into which almost the entire active list was driven into new low ground for a year or more. The latest wave of liquidation is believed to have originated as : a belated repercussion of the recent banking difficulties, but- the weakness in wheat and silver also contributed. United States Steels common sold at 135, a new low record for the bear market; Among the ’ other 'shares that touched new low levels were American Telephone, American and Canadian Consolidated Gas, New York Central Westinghousc, and Manufacturing and Allied Chemical.
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Bibliographic details
Evening Star, Issue 20670, 18 December 1930, Page 13
Word Count
112WALL STREET Evening Star, Issue 20670, 18 December 1930, Page 13
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