Salt Lake Telegram | 1933-10-21 | Page 10 | Stocks Slump in Final Hour

STOCKS SLUMP IN FINAL HOI HO Bear Movement Brings clines climes Ranging From 1 I to 5 or More Points NEW YORK Oct 21 i- i firming moderately in early trad on the overnight Russian newt news stock market turned ish in the final hour Saturday prices slumped 1 to 5 or more mog p pok under a heavy selling wave Tim The led the decline a as rumors bad news for this group in the board rooms The close weak Transfers approximated 1 shares Farm implement and rail were up 1 to around 2 poing at o time apparently in response to M of the establishment of mal trade and diplomatic with Russia Unconfirmed lena that the government was regulate profits of the panics brought a swift these issues and all other toppled soon after Brokers Broker s t was a substantial growth of the i iii account as well as considerable as-considerable pa liquidation Grains advanced ua and acted Cotton did little Bonds Bonds' mixed Gold currencies steadied terms of the dollar Shares rallied mildly In the la Jj few minutes but were unable far Allied Chemical dropped abo about I Homestake Mining nearly 10 K iou losses of 4 to more than 7 were ia su by National Distillers can Commercial Alcohol U U. S. S trial Alcohol U. U S. S Smelting Johns Johns Manville Others down donl 1 around 3 included Deere house U. U S. S Steel Case Kenn American Telephone duPont em ern Union Delaware Union Pacific New York Cen Central Liggett Myers B American c cco co B and American Sugar