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NEW YORK STOCK MARKET

'Australian and N.Z.. Cible Association.) .NEW YORK,' Sept, .'i*£ ' The Morgan, Rockefeller, and; Dupont groups have, reaped millions ju increased valuation of their "war stocks,dui-in.g..tjio present boom. It is. conservatively, ; es' timated that, at least.lo;QQQ. dollars,.would represent the week's profit. . Smaller .in r ves'tors made respectable fortunes; during the week. .'.-. ~- .. ...", r ,., lv . -.-1,-, ■ ~ One speculator ran from 1500 dollar's to a hundred thousand by playing. gehV. eral .motors consistently. ....... .■.■•■■,.■ It ;is believed that one reason, of the .present boom is that the ing", sentiment is 'being fostered forHh'e' purpose of facilitating, the disposal , of the recent British war credits floated.By the Morgan interests. Many small ; in.-; vestorff who were caught' short are-fac-ing ruin. #5 . •—: ~r :■ ~)-■■

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/NEM19160918.2.32.10

Bibliographic details

Nelson Evening Mail, 18 September 1916, Page 5

Word Count
119

NEW YORK STOCK MARKET Nelson Evening Mail, 18 September 1916, Page 5

NEW YORK STOCK MARKET Nelson Evening Mail, 18 September 1916, Page 5

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