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STOCKS RISE

AVALANCHE OF BUYING New York, April 21. Heavy buying poured into the 1 Stock Exchange at the opening, pushing prices of numerous shares one to - two dollars higher. Silver soared two kto three cents an ounce. Profit taking in late trading* reduced gains by about half after an avalanche of early buying had sent prices up one to nine points. Billions were added to quoted values of stocks and staples. British currencies continued to skyrocket, the nominal opening quota'tion for the pound being 3 dollars 89 ' cents in United States funds, and the Canadian dollar 89 \ cents. Freneh francs rose approximately one--fifth of a cent to 4.44 cents. Other currencies had receded slightly, the pound being quoted at 3 dollars 86 cents, four cents under the day's high level.

Permanent link to this item
Hononga pūmau ki tēnei tūemi

https://paperspast.natlib.govt.nz/newspapers/RMPOST19330422.2.21.4

Bibliographic details
Ngā taipitopito pukapuka

Rotorua Morning Post, Volume 2, Issue 513, 22 April 1933, Page 5

Word count
Tapeke kupu
131

STOCKS RISE Rotorua Morning Post, Volume 2, Issue 513, 22 April 1933, Page 5

STOCKS RISE Rotorua Morning Post, Volume 2, Issue 513, 22 April 1933, Page 5

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