The Archive · 1939

New York Stocks

Wednesday's Closing Quotations

New York, Mar. 22.

Recurring European uncertainties resulted in severe losses in the stock market today, prices losing major fractions to four points or more on a turnover of 1,440,000 shares. The market opened weak and was subjected to heavy liquidation in which large blocks changed hands at progressively lower levels. In the late stages prices displayed a tendency to rally but the. market finished the session uncertain and irregular. While most quarters considered any relief from the pressure of European developments would result in a sharp recovery, sentiment turned somewhat pessimistic owing to the prolongation of the crisis.—Reuter.

Text read from the printed page and cleaned; old type leaves the occasional error.

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