Salt Lake Telegram | 1933-09-20 | Page 12 | Stocks Slump toward Closs

STOCKS SLUMP TOWARD Decline Follows Series Sharp Downturns Mild Rallies NEW YORK Sept 20 tf q 7 stock market stumbled through obscure pathways day and after a series of sh sha slumps and mild s-mild rallies again turn downward In the last few trading Metals and rails led the fit decline with losses of 1 I to 4 or me nc points predominating The close v weak Transfers shares There was little news to the erratic price movements though rumors of a sound mom moat statement which might be from Washington did much to c fuse the already muddled muddied traders trader Shares of U. U S S. S Smelting were some 8 points while declines of 2 4 were suffered by Homestake Ala Juneau American Smelting Cerro Pasco and Dome Mines Among leading rail losers of 1 to arouni were Union Pacific Norfolk Wi em Santa Fe New York Cent Delaware Hudson Louisville Nashville and Baltimore Ohio C er casualties of 1 to 4 or or more eluded National Distillers All Ai Chemical U U. S. S Steel Case All Chemical Consolidated Gas Gene Motors American Telephone Am can Can Du Pont Western Un and Westinghouse