MARCONI SHARES
A SENSATIONAL RISE.
'United'Press Association—By Electrio Telegraph—Copyright).
LONDON, Nov. 29.
The “Daiy Express” states that shares of the Canadian Marconi, which wore difficult to sell at three shillings in 1927, jumped to 120 s on Throgmorton Street last night. The rise Tv-the most sensational on the Stock Exchange this year. The shares rose 'To 17s on Friday, 12s on Monday, 11s on Tuesday, and then 80s, and were 100 s when the Stock Exchasge closed, but the rise continued in the street after hours. To-day they closed at 116 s.
The demand is due to New York operators believing that the wireless telephone developments will assist the fortunes of the Oanadian-Alarconi Company, which controls the patents.
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Hokitika Guardian, 30 November 1928, Page 4
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118MARCONI SHARES Hokitika Guardian, 30 November 1928, Page 4
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