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AMERICAN INCOMES.

HIGH FIGURES RECORDED. LOSSES ON STOCK MARKET. (Per Press Association). WASHINGTON, March 15; Despite the stock market wash, 504 persons in the United States had incomes of. over one million dollars in 1929. This, the Bureau of Internal Revenue has announced, was a diminution of seven from the total in 1928. In all, 86-50 persons had incomes of 50,000 dollars or more, aggregating 5,952,000,000 dollars. Preliminary stock market losses reported on ' .the returns totalled 061,000,000 dollars, of which persons with incomes of less than 5000 dollars showed losses totalling 43,000,000 dollars in speculative activities, indicating the extensiveness of the speculation on Wall Street at the time of the crash.

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https://paperspast.natlib.govt.nz/newspapers/AG19310317.2.46

Bibliographic details

Ashburton Guardian, Volume 51, Issue 132, 17 March 1931, Page 5

Word Count
111

AMERICAN INCOMES. Ashburton Guardian, Volume 51, Issue 132, 17 March 1931, Page 5

AMERICAN INCOMES. Ashburton Guardian, Volume 51, Issue 132, 17 March 1931, Page 5