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September 22, 1946

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Headlines from September 22, 1946

THE FINANCIAL WEEK; Declining Trend in Stock Prices Checked--Rail Executives Picture Gloomy Outlook for 1947

By John G. Forrest Financial Editor

The precipitate decline in stock prices, which started in the final hour of trading on Monday, was checked at the week-end on the announcement that President Truman had requested the resignation of Secretary of Commerce Wallace. Prior to that time waves of selling, with only minor rallies, had brought security values back to the levels of early 1945.

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Notable Births

King Sunny Adé

1946King Sunny AdĂ©, Nigerian singer-songwriter and guitarist[†]

Chief Sunday Adeniyi Adegeye, known professionally as King Sunny AdĂ©, is a Nigerian jĂčjĂș singer, songwriter, and multi-instrumentalist. He is regarded as one of the first African pop musicians to gain international success and has been called one of the most influential musicians of all time.

Larry Dierker

1946Larry Dierker, American baseball player and manager[†]

Lawrence Edward Dierker is an American former Major League Baseball (MLB) pitcher, manager, and broadcaster. During a 14-year baseball career as a pitcher, he pitched from 1964 to 1977 for the Houston Colt .45s/Astros and the St. Louis Cardinals.