New Britain herald., 1929-11-06
STOCKS SLUMP IN NEW LIQUIDATION;
 ALL RECORD LOSS
Price Decline Runs S5 to S3O a Share-MuCh Ground
 Lost Again
STEADY STRING OF SALES
 ORDERS POURS IN TODAY

Final Quotations Show Little Re
 coyery From Days Low Levels
 Some Break Even Below Bottom
 Marks Established in Drastic Re
 action of Last Weck-1iCker More
 Than Hour Behind Market.
 New York, Nov. 6 GP}-A sweeping decline in prices. which ran from & to nearly $50 a share in most of thu leaders, and much more in 2 few spe- cjaltics, took place in the abbreviated three hour session of the New York stock exchange today. Final quota tiOns showed little recovery from tie days low levels. with the tape near ly an hour late at the close. \ sprinkling of issues broke through the low levels. established in tn, trastic reaction last Tuesday, and much of the ground recovered in the closing sessions Of last week vas lost.
 some Closing Quotations
 Closing quotations and not changes of some of the leaders were:
 |. $. Steel SlG9, off $14.5o; Gen. aral Motors $4o.50. off S475: Radio >%2.50, off S11.25; General Electric &2oG. off $29; Montgomery Ward $5I50, off $111g; American X For cign Power $60. off $19; Bethlehem Steel. $S6.50. off $S.&7; Kennecott, $G6.S7, off S6.S7: Consolidated Gas. $91, off $11.50; American Can $115, off SI0; American Telephone $g1j. off $22.
 Westinghouse Electric $12S,75, off SHE'S; Standard oil of New Jer- sey $G1. off $5.5o; New York Gen. tral $l19.S7. off S16.1@: Chrysler. $S$, off S4; Anaconda $S2.12. oil S12.S7; American Smelling $76, oIl $9; Erie S40.50. off $S; National Cash Register $75. off $5; Colum bia Gas S65. off $125o; Public Scrr- ice of New Jersey $69. off SD: United Gas Improvement $30. oil S5.5o; Hudson Motors $47, off S6.5U.
 Standard Brands $27. off $S.12: United Corp. S27.50. off $5.75; Para mount Famous $4712, off S7.S7: Sears Roebuck, S9S.50, off $10.75. | Warner Bros. Pictures. $4Q.S7. of l $3.S1; Baltimore and Ohio SlfG, of 1 S5.G2; Andes Copper $33,l2. or $S.l2: Barusdall. $23.62. off so.75 , Sinclair $26.25, off $2.75: United Aircraft $40.Gg, off $14.G2: Genera, Foods, S47, off S4.15: Atlantic Re. fining $41.25. off $S.S7: Electric Power X Light SS650. off s6.75: Commercial Solvents (new), S2G off $7,50; Union Pacific. $2t5.l2,s oil $l9.S7; Cerro De Pasco. $70, of &G.50; Union Carbide. $7l. off $17: Johns AIanville, slo9, off S2S; WooIworth. $G975, off $S.95: Ma tional Dairy Products, $45. off $50: Gold Dust. S73.95, off $762; Ale sheny Corp. $24. off $5.5U.
 Total Sales 5.914.OOO
 Total sales on the Stock Exchange for the three hour session were a.- 914.760 shares against 6.202.93G during the full five-hour session ot Monday.
 Curb Exchange stocks also fell precipitantly. particularly the utili- ties. Electric Investors dropped $50, to close at SOS, Electric Bond and Share closed at $65.75, off SIS: Allied Power and Light at $SS. of $S.S7; American Superpower. $91.51 off S4.5o: Central States Electric $22.12. off $1l.G2.
 Cities Service was again turned S29.S7, off S9. l. opened with a 2?.S7, off S9. It opened with q block Of l25,0O0 shares, Invest. mcnt Trusts were again hard hi Goldman Sachs dropped $12.S7. anC ] Lehman Corp. $7.50.
 | A block of 1S7.7G0 shares of Web. Stcr LiSenlohr was offered at public auction and sold at S2.lS a share. Ii 1 has sold as high as $l13.S7 on the 1 New York stock exchange this year 1 and last week dropped to $4,
 The sharp drop in freight cal ! lOadinss in the week ended Oct. 2t 1 and reports of slaCkening in the 1 demand for steel products aroused l widespread fears that the recent re. ! Cossion in securities prices already 1 had extended 10 business. Frcsl selling. inspired as a result of thcsc developments, was swelled by the Ii oxidation of additional stock bough for supporting purposes last week
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