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NEW YORK STOCK MARKET

A DEVASTATING DROP Australian and N.Z. Press Association NEW* YORK, Saturday. Reactionary forces' took control of tne New York Stock Market today, and with a devastating sweep reduced the values of listed securities to the lowest levels reached on the current decline. In the two hours to which business was limited active issues passed through one of she wildest breaks in history. Final quotations revealed net losses ranging from 5 to 25 points and. the aggregate depreciation of open market values was estimated at £200,000,000 or move. The total turnover was 3.458.000 .shares, representing the second heaviest volume for a Saturday since the Exchange was established.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/SUNAK19291021.2.93.10

Bibliographic details

Sun (Auckland), Volume III, Issue 799, 21 October 1929, Page 10

Word Count
110

NEW YORK STOCK MARKET Sun (Auckland), Volume III, Issue 799, 21 October 1929, Page 10

NEW YORK STOCK MARKET Sun (Auckland), Volume III, Issue 799, 21 October 1929, Page 10

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