BREAK ON WALL STREET
STOCK PRICES TOPPLE GRAIN VALUES SOAR (Reed. Aug. 24, 3 p.m.) NEW YORK, Aug. 23. Increasing tension abroad sent stocks down to-day on the worst break on Wall Street since Grain stocks prices soared, while corn is up three cents. Wheat reached the five cent limit at Winnipeg and the American market lifted three cents. Canada is prepared to ship wheat .o Britain in the event of war and the wheat pool withdrew offerings from the market.
Sugar futures, another prime war commodity, rose several points. Bonds in New York continued to decline. United States steel stocks were down two cents for a new 1939 low level and the industrial aveiage has fallen oil’ 3.25 points. Gold losses at Toronto amounted to 20 cents.
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Bibliographic details
Gisborne Herald, Volume LXVI, Issue 20025, 25 August 1939, Page 7
Word Count
128BREAK ON WALL STREET Gisborne Herald, Volume LXVI, Issue 20025, 25 August 1939, Page 7
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