STOCKS FALL
(Press Assn. —
markets, reagt..to, suicide of.einablcial' le'aders FUTURE POSITION OBSCURE
-By Telegr&ph — Copyrlght).
Rec. Mar. 15, 8.15 p.m. NEW YORK, Monday. Downward repercussions of Mr. Ivar Kreuger's suicid'e in the world financial markets were felt 5n Wall Street, where stocks of the Kreuger and Toll and allied interests, and also bonds dropped sharply. This, augment ed by the death of Mr. George Eastman, caused general weakness in the stock exchange, which the favourable news of Marshall Hindenburg's large plurality, was unable to overcomd. The closing prices represented a broad decline in neai'ly all issues, especially the Kreuger and Toll and International Match companies. Financial experts assert that in view of the complicated condition of the vast Kreuger interests, the psychological reaction of his suicide ( is full of signifieance, and is indeterminable pending further developments. , , ; : Word of Mr. Eastman's suicide came too late for to-day's trading, and apparently affected mainly Mr. Eastman's own shares.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/RMPOST19320316.2.27.2
Bibliographic details
Rotorua Morning Post, Volume 1, Issue 174, 16 March 1932, Page 5
Word Count
155STOCKS FALL Rotorua Morning Post, Volume 1, Issue 174, 16 March 1932, Page 5
Using This Item
NZME is the copyright owner for the Rotorua Morning Post. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International licence (CC BY-NC-SA 4.0). This newspaper is not available for commercial use without the consent of NZME. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Log in