A BAD YEAR
for financial groups
[United Press Association.— By Electric
Telegraph.—Copyright.]
(Received this day at 9.40 a.m.) LONDON, Dec. 23
The “Daily Express” says the Stock Exchange and investing public auke will welcome the end of 1929. No year within memory has been fraught with such disasters as this year's. The depreciation of stock and share values must be upwards of five hundred millions sterling. The public has lost at least twenty millions on wild cat industrials. It is e-. imnt d that similar losses will result from the Hatry crisis. Other ' sast r- include the Nersag affair, the terrific slump in American stock values, and depreciations in Itrvercsk a ier g imp, Riyal Mail Shipping and allied companies.
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Hokitika Guardian, 24 December 1929, Page 4
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120A BAD YEAR Hokitika Guardian, 24 December 1929, Page 4
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