To-day's scenes on the stock market were the most amazing ever recorded. Over 1,000,000 "shar Were sold driving the first two hours, Brokers were so swamped with orders that the machinery of the Exchange was almost unable to cope with the rush of business, Trouble started when at the opening of business the first transaction in General Motors Common showed decline on yesterday, closing price The news was telegraphed all the country and alarmed speculators This conred a deluge of aching orders to: pour in, partly on behalf of bears desperate to recover their enormous losses and partly behalf of traders anxious to cash out fon some of their paper profits Trading in General Motors Common was enormous. Two lots, in consecutive transactions, were' recorded, at around $186,.of 20,000 and 32,000 shares; respectively, euch representing a.turnover of over $5,- 000,000.
Litter' there was a recovery, General Motors: Common and other speculative descriptions" rallying uring tie afternoon. The market closed generally steudy.
Sales for the day amounted to the enormous total of 891,000 shares.—Reuter.
Mar, 28.
At the opening of the stock' market to-day the first transaction of General Motors Common which yesterday evening closed at $190-1-2, was.a block of 7,700 shares at $190. A block of 1,200 Radio Corporation shares changed hands at $100, shortly after the opening of the market.
Reuter.
Text read from the printed page and cleaned; old type leaves the occasional error.