AMERICAN ITEMS
STOCK EXCHANGE. [United Press Association:—By Electric , Telegraph.—Copyright.] NEW YORK, Dec. 13. News of the. large shipment of gold from, the United States to England iollowing the reduction of the British bank rate served professional “bears” as an excuse to hit the stock market prices which they hammered down one to ten dollars a share. The volume of business was not particularly heavy, though an outburst of selling shortly afternoon affected the principal trading stocks. United States Steel (common) were offered for sale in large blocks and struck a new low level of 172 L representing a drop of 3.1. Wcstinghouse fell 91 to 110. General Electric 9) to 235. American Telephone and Telegraph 101 l 6i{ to 221 a share.
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Hokitika Guardian, 14 December 1929, Page 5
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122AMERICAN ITEMS Hokitika Guardian, 14 December 1929, Page 5
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