NEW YORK, March 24 t/P).ÛÓ General MacArthurÛªs peace bid to the Chineses Communists, inspired a selling wave in the stock marketj that forced prices down by morel .than $3 a share.</br></br>Most sharply hit were the rails,; i aircrafts, steels, and motors. Not' a single major segment of the market was able to make hoad-Iway against the downward trend.</br></br>| Nervousness was apparent in ! the market from the start of todayÛªs two-hour session. Traders felt their way along cautiously, and then apparently everyone dc-icidcd at once to sell.</br></br>Wall Street does not believe there will be a major change in the United States rearmament program if the Korean war turns from hot to cold.</br></br>But, it is pointed out, the | emphasis on rearmament might well shift from war goods to civilian needs, and there could be changes in taxes, Government controls and the campaign against inflation.
This example is not sure.