Salt Lake Telegram | 1948-03-08 | Page 18 | Stock Leaders Skid in Break

Stock Leader Skid in Break NEW EW YORK March 8 J Stock market leaders ee skidded Monday in the wake waite sharp break in tn major of The principal solace for iS- iS mists was that selling never never V g tJ tamed real urgency pivotal conte contested the trend S modest gains but declines of ot fri frae iW to a point or so at the close Oils wavered 1 In t Qt final hour ts enjoyed another In the forenoon on expectations J big military plane orders but SOB failed to keep in the plus Occasional resistance wa waited was by Douglas Dougla Aircraft man and Lockheed which t 1948 1918 highs Cerro de PaSCo Do- Do Chemical United Air Lines Linea Go 4 rich and Chesapeake Ohio 1 Intermittent General Motors Chrysler lic lie Steel Goodyear Firestone ri Woolworth J. J I. I Case AIllS Chemical Twentieth Loews Loew's Pal Paramount a m 0 un t Pic Standard Oil on of New Jersey Fe Illinois Central Union Piti and Northern Pacific t Bidding here ere and there n main j by professionals still WM was bUd Q the idea a spring rally could ev evec after the substantial eb ary relapse Worries over a po poj t ble business recession later in is t tj year taxes labor disputes and th thC C con confusing 0 71 f u S sin I n g international sc act caused many brokerage clients trim accounts A