Salt Lake Telegram | 1931-09-19 | Page 10 | Curb Market Hit by Heavy Selling

CURB M MARKET KE HI HIT BY Hf HEAVY V SELLING Active Shares Touch New Lows List Is Down at Close By JOHN L. L COOLEY Associated Press Pres Financial Writer NEW YORK Sept 19 Heavy 19 Heavy selling selling sell sen- ing hit the curb market Saturday pushing active shares to further new lows There was wn little or no recovery recovery ery cry at the close Utilities were rather badly baly battered battered battered bat bat- Electric Bond Share losing 2 points net There was wa a similar pint decline In American Gas Ga Electric while Consolidated Gas Ga of Baltimore dropped 4 American Superpower Association Gas Ga A American Commonwealths Com Corn A and United Light LightA LightA LightA A were also alo weak losing loing up to a point or more Aluminum of oX America went under for the first time of ot the current decline and frt ended ende tho the day 4 points poInt point lower Woolworth Ltd weakened about a point and was off oft approxImately approximately approximately half a point net Mead Johnson Johnson Johnson John John- hal son Niles Nile Nie Bement Pond Ford Ltd and Great Atlantic Pacific were other heavy specialties The market opened heavy as a overnight overnight over over- night selling orders were executed Prices Price steadied somewhat when this thi liquidation had ha been completed only to turn tIlED tur downward in the late trad- trad Ing The volume was wa large lare