New York, Sept. 10.
Stock prices in Wall Street to-day slumped about 6 points, while some issues lost as much as 10 points. Numerous new lows were recorded for more than a year in very sharp selling waves, as disheartened traders threw their holdings over board, plus fairly active short selling, Tickers lagged five minutes behind near the final hour. However, the pace slowed down towards the close. Brokers failed to explain the break, which was firstly attributed to "a secondary reaction" following Tuesday's slump. The Mediterranean and Far Eastern situations are being watched, but such enough to cause such a slump. Meanwhile, other news in the market is little changed. The turnover to-day amounted to 2,320,000 shares Reuter.
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