New York, Oct. 19.
Pandemomum reigned in the Stock Exchange to-day as huge selling again struck the ore bae Cos Fee Tickers were so behind the g from $1 to or mi
authorities were forced to put out stock prices on bond tape, and scenes were reminiscent of the panic in 1929. Clerks worked all night on calls for additional margin, while the
ang of the Exchange wi ekers wildest confusion fon recs wished to execute the fibed of orders pouring in from all parts of the country, Blocks of 1,000 to 25,000 shares changed hands ín the unloading of impaired margin accounts and traders sought protection from falling markets, While many. tape-watchers appeared very anxious over their commitments, veteran brokers said. there was less evidence of fear psychology than during the panicky sessions of recent years. The turnover to-day totalled 7,290,000 shares.
Early in the afternoon influential heavy buying, largely by investment trusts, stemmed the slump, and the market, rallying briskly from the day's lows, finished with gains up to six points and losses up to five points,—Reuter.
Text read from the printed page and cleaned; old type leaves the occasional error.
