AMERICAN NEWS
Aus! ralian Press Assn.—United Service
NEW YORK STOCK EXCHANGE. (Received this (lav at H.O a m.) NEW YORK, August 29. 'The easing in tone of call money has again set loose a buying wave on the Stock Exchange, sweeping dozens oi issues into new high ground and bringing the average of industrials to a new record. Peak trading has exceeded four million shares 'for the first time since June. Tickers are swamped and arc running half an hour behind the market call. Money was in supply around noon at renewal rate of seven and a-half per cent, and stocks continued to hold early gains in most sections, several issues spurting several points. The Radio Corporation ol America soared more than 12 points.
MISSING MILLIONAIRE AIRMEN. NEW YORK, Aug. 29. Edward Merrill and Edward Ronne. millionaire Buffalo manufacturers flying a Ronne,• plane left Ithaca for Now York on Monday night, but disappeared. Army officials have joined friends of the missing men in a systematic and scientific search by aeroplane.
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Hokitika Guardian, 30 August 1928, Page 3
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170AMERICAN NEWS Hokitika Guardian, 30 August 1928, Page 3
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