The Archive · 1940

New York Stocks

Monday's Closing Quotations

New York, May 13.

"After a quiet and steady opening, stock prices on Wall Sireet today slumped on heavy selling, with losses up to 8 points being recorded. The volume fast gathered momentum on the scale-down, on the uncovering of stop loss orders and the dumping of large blocks of shares by nervous quietening news from Italy, All sections of the list showed substantial] losses, but recent favourites were especially hard hit The turnover today amounted to 2,560,000 shares—Reuter.

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

Your account