NEW YORK EXCHANGE
STOCKS LOSE HEAVILY
SHARES THROWN AWAY
United Press Association—By Electric Tole.
grapb—Copyright. (Received 23rd September, 9 a.m.)
NEW YORK, 22nd September. Despite at slight rally toward the close, stocks lost a total of one thousand million dollars in heavy selling on the Stock Exchange when prices collapsed in every section of the list, and thousands of shares were thrown overboard.
Selling gathered momentum until the new high-speed tickers were hardpressed to keep pace with dealings. United States Steel lost over 34 million dollars in market value; American Telephones, 56 millions; General Electric, 42 millions; and General Motors 48 millions.
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Evening Post, Volume CX, Issue 73, 23 September 1930, Page 9
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102NEW YORK EXCHANGE Evening Post, Volume CX, Issue 73, 23 September 1930, Page 9
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