Salt Lake Telegram | 1946-06-18 | Page 13 | Market Suffers Sharp Fall as Leaders Yield

Market Markel Suffers Sharp Fall Fal as Leaders Yield V N NEW YORK June 18 UR An UAn An thin stock market market Tuesday suffered ono one of its ita It sharpest sharp sharp- est ct falls faiLs of the te year and while whilo pressure never was wa pronounced leaders leader yielded from 1 to tb around aroud 6 points joints point Rails and ad scattered Issues Ise elsewhere elsewhere else else- ele- ele where did moderately well wen at the start star but offerings began bega to dribble drib drib- ble In by midday and from then thenon on the direction was downward doward Activity picked up somewhat onte on he the te sell sel off of although the ticker tickertape tape ape slowed at intervals Fe Few comebacks were In evidence at the close and and virtually all aU fl sections participated In the te r retreat teat Brokers tI b blamed I 1 a m e d liquidation partly party on the te idea that the list had lad acted somewhat in past weeks notwithstanding the bulge bulgo o of the carrier carier average to a 15 year peak Bonds were irregular Cotton Coton softened and approaching the finish fin fn ish was wa of off to a a. bale At Chicago nh all nl grain futures were at ceilings