New-York, May 14.
Stock prices on Wall Street again sharply slumped today on wholesale dumping end: jittery selling, with U: losses up to 10 points being recorded, Reports of Allied reverses and the usual crop. of wild atid: unconfirmed rumours were responsible for the heavy dumping, while forced margin selling additionally added to the downward impetus.
All sections of the list came under the hammer in one of the biggest breaks in recent years, and the market was completely demoralized.
The turnover today amounted to 3,680,000 shares.—Reuter.
Text read from the printed page and cleaned; old type leaves the occasional error.