NEW YORK STOCK MARKET
A RECORD TURNOVER FALL IN PRICES. NEW YORK, February 18. With 1,802,000 shares trades in the Stock Exchange in two hours to-day, being a record for a Saturday market, there was a continuous downward movement of prices. The total dealings yesterday and to-day wero 4,874,000 shares, showing losses of from five to nine points in speculative issues, and two to six points in representative stock. The rise in the rediscount rate and the pressure of a largo amount of undigested issues are held responsible for the downward pressure.
Permanent link to this item
Hononga pūmau ki tēnei tūemi
https://paperspast.natlib.govt.nz/newspapers/ESD19280220.2.20.10
Bibliographic details
Ngā taipitopito pukapuka
Evening Star, Issue 19795, 20 February 1928, Page 4
Word count
Tapeke kupu
92NEW YORK STOCK MARKET Evening Star, Issue 19795, 20 February 1928, Page 4
Using this item
Te whakamahi i tēnei tūemi
Allied Press Ltd is the copyright owner for the Evening Star. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons New Zealand BY-NC-SA licence. This newspaper is not available for commercial use without the consent of Allied Press Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Log in