NEW YORK EXCHANGE.
GREAT RUSH OF BUSINESS. A MAJOR SELLING DAY. 5,000,000 SHARES CHANGE HANDS United Press Assn.—Ert-c. Teh —Copyright. (Received March 28, 10.55 a.m.) NEW YORK March 21. The stock market experienced a second successive major trading day with the. sale of approximately 5,000,000 shares. The great rush of business produced an irregular trend. Small investors returned in greater numbers than at any time since the break in the autumn, and prices shot up, eased, and advanced again, with profit-taking toward the close. Each bulge of prices found the tickers so far behind that many sold stocks because they were unable to keep track of the market’s movements. The “ bulls ” found an inspiration in the tremendous activity and strength of the leaders in all groups. Many new high levels were made in the course of the day, and despite the attempts of the “ bears ” to bring about a reduction no great pressure could be discerned. Attempts to bring down individual stocks met stubborn resistance.
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Waikato Times, Volume 107, Issue 17981, 28 March 1930, Page 8
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165NEW YORK EXCHANGE. Waikato Times, Volume 107, Issue 17981, 28 March 1930, Page 8
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