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WALL STREET PANIC

Stock Prices Tumble (Reeeiver) 30. 8.45 a.m.) •/S* NEw YORK. April 29. V Stock prices tumbJed from one to six :pnhts in anotber heavy wave of aeUfeg wliich tnrned the floor of the ExAaw- into bedlam as brokers BtrugJled to executo ihe Hood oi bearish or-

ers- Wai] Street was plunged into pessimism by the downward trend. The situation is being attributable to a variet\ of faitijrsf tbe chief being President Roosevelt s vvarning against speculation by.civil servants and his efforts to curb the speculative orgiy of comraodity prices. United States steel lost 6 points, Clirysler General Motors 1 i, and United States Sinelting 5. Selling I'or 1 foreign account continued heavy..

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/HBHETR19370430.2.28

Bibliographic details

Hawke's Bay Herald-Tribune, Issue 88, 30 April 1937, Page 5

Word Count
115

WALL STREET PANIC Hawke's Bay Herald-Tribune, Issue 88, 30 April 1937, Page 5

WALL STREET PANIC Hawke's Bay Herald-Tribune, Issue 88, 30 April 1937, Page 5

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