Salt Lake Telegram | 1932-04-29 | Page 20 | Security Prices in New York Markets

I T SECURITY PRICES IN NEW YORK YO YORK MARKETS ARKE STOCKS FALL TO NEW LOW POINT Decline Slow and Dull Dul but Rallying Moves Fail Fai to Revive List NEW YORK April 29 Stocks W-Stocks V tocks Stocks averaged Into n new nw w low ground for forthe forthe the bear cycle Fida Friday The decline was ws slow and dull dul but occasional rallying tendencies failed to develop much nuch stamina and closing cosing prices pries were around the days day's das da's lowest with wih losses loes ranging from rom 1 to 3 points in inman inmany inmany many man leaders leader T Transactions approximated 1200 shares Selling was most noticeable noticeable notice notice- able in industrial Issues and md most leaders of ot that description broke through previous resistance points With the exception of ot Santa Fe Fc which lost 3 and New York Central down about 1 1 prominent rails rais held above their old lows U. U S. S STEEL DROPS U. U S. S Steel common dipped to 27 7 4 3 and finished near the bottom off of 4 3 net Allied Aled Chemical and Eastman lost 3 net while Western Wester Union Detroi Detroit De De- troit troi Edison American Can U. U S S. S Steel preferred Cola Coca-Cola and American Amer Jean ican jan Tobacco B sagged 2 or more American Amerian Telephone reduced an extreme loss of 1 4 3 to 5 West West- General Geneal Electric Union PacifIc Pacific Pa Pa- and Consolidated Gas yielded 1 I to 1 1 National Lead tumbled 7 5 General Motors closed cosed at 10 2 1 off oi