MOST SEVERE DECLINE
NEW YORK SHARES SUGGESTED IN FLULXCL (Reed. Aug. 5. 12.20 p.m.) NEW YORK, Aug. 4. The stock market to-day sulTcred the most severe decline since late in June. The losses totalled approximately £200,000,000 from the value of all listed shares, which had risen by £800,000,000 from the end of June until this week. The losses ranged from fractions to over three points. Experts explained the decline as technical, although some contended that the statement of the British Prime Minister, Mr. Neville Chamberlain. that the British fleet might go to the Far East had a bearish influence.
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Bibliographic details
Gisborne Herald, Volume LXVI, Issue 20009, 7 August 1939, Page 7
Word Count
99MOST SEVERE DECLINE Gisborne Herald, Volume LXVI, Issue 20009, 7 August 1939, Page 7
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