WALL STREET REACTS
HEAVY BUYING MOVEMENT ~„ f ~ ■ ■■ ■ , RECORD SINCE JUNE NJ3W YORK, 6th October. Tho heaviest buying movement in stocks since tho annotiuceineht of the Hoover debt moratorium in June raised the prices of leading shares from one to sixteen points following yesterday's sharp declines and a /week of bear markets. ~.,'". The rise to-day is attributed to the news that tho>-Stock Exchange i< applying further control of short Belling by demanding a written explanation, for each short sale, and a Washingtom announcement that President Hoover has called important Congressional, leaders, bankers, and real estate men for a conference to discuss the business situation. The sales totalled 4,300,000 shaies.
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Evening Post, Volume CXII, Issue 86, 8 October 1931, Page 13
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108WALL STREET REACTS Evening Post, Volume CXII, Issue 86, 8 October 1931, Page 13
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