Salt Lake Telegram | 1947-04-18 | Page 20 | Stock Leaders Move Lower

Stock Leaders Move Lower NEW YORK April Apr 18 News JAP-News AP News inspiration was wasP I lacking in the stock market Friday and lenders leaders generally moved noved downward a number to new lows Jows for the year or longer Extreme losses running to a point or more were shaded In in most mol at Bt the close t S Schenley wn Will was a weak cik spot at a 1917 bottom In arrears were U. U 8 S. S Steel Youngstown Sheet General Motors Goodrich Scars Roebuck Montgomery V Ward rd Dou Douglas las Aircraft American Telephone American Smelting Phelps Manville Johns AmerIcan American American Amer Amer- ican Woolen S Santa nta Fe Southern Pacific Southern Railway and Great Northern Railway Bearishness over labor situations received tho the principal blame for or of 0 Some Som early parly bidding by prof professionals professionals pro pro- f was credited to the hope that the list lilt could extend its ita technIcal technical tech tech- comeback Bonds Banda were ere hesitant and commodities commod- commod ties spotty Among resistant curb issues were 1 Holly Stores Electric Bond I and Share and Selected Industries 1 Aluminum of ot America slipped sUpped along with nito American Cyanamid and Beau Beau- nit Mills Mm