QUICK RECOVERY
WALL STREET TRADING NEW YORK, Wednesday. The pound sterling on Wednesday closed at 4.10 dollars, and the Canadian dollar at 94 cents. Wall Street revolted against the pessimism at the news of the wage cuts. Rumours that the railways would soon get relief, the confidence implied by the London market's good tone, and the removal of the ban on short selling here, gave quotations a rapid lift.
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Bibliographic details
Rotorua Morning Post, Volume 1, Issue 28, 25 September 1931, Page 3
Word Count
69QUICK RECOVERY Rotorua Morning Post, Volume 1, Issue 28, 25 September 1931, Page 3
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