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Market Slump Follows Heavy Trading Tuesday
NEW YORK June 1 1949 The Associated Press average slid as trading opened with 1,140,000 shares changing hands and a broad list of steel and industrial issues hitting new lows for the year. U S Steel and Bethlehem Steel fell while several others recovered later. volume reached 3,676,000 as losses broadened into the day. Treasury issues were mostly unchanged.
MENTIONED IN THIS ARTICLE
New York
Associated Press
U.S. Steel
Bethlehem
Republic Steel
Youngstown Sheet
Foliensbee Steel
Studebaker
Montgomery Ward
National Distillers
Western Union
Kennecott Copper
Phelps Dodge
Westinghouse Elec Air Reduction
Dow ‘Chemical
Ragia Corp
International Paper
Sante Fe
Southern Railway
Windy Central
Sinclair Oil
United Air Lines
Transcontinental and Western
General Motors
Chivales
Goodrich
Seara Roebuck
Woolworth
Douglas
Atroraft
Commonwealth and South
DuPont
Old
Allied Chemical
J.C. Penney
American Tobacco
Pennsylvania
R. RK Nickel Plate
Standard Oil of
California
Standard Oil
Treasury