JUMPY MARKET
SPECULATORS BUSY ON NEW YORK ’CHANGE FINANCE BREAK FEARED United P.A.—By . T.elegraph—Copyright Reed. 9.15 a.m. NEW YORK, Wed. Call money at two per cent., tbe lowest level since 1925, has encouraged a strong speculative spurt on the Stock Exchange, with a “bull” market resembling the days before last autumn’s break. The ticker* was 30 minutes behind today. Many small traders came back, and prices jumped precipitately. United States Steel gained two points to reach 187, and industrials and railway shares moved up similarly. Profit-taking late in the day caused only a small reaction.
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Sun (Auckland), Volume III, Issue 926, 20 March 1930, Page 1
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95JUMPY MARKET Sun (Auckland), Volume III, Issue 926, 20 March 1930, Page 1
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