"PLUTOCRATIC" STOCKS.
SPECULATION IN WALL STSSET NEW YORK. November 3. Wall Street's "plutocratic" stocks, namely those selling at 200 dollars and upward per share, behaved iike a wildcat oil issue to-day. The Stock Exchange witnessed one of the most remarkable speculative outbursts in its history. This rapid advance of high-priced ifrues following on the heels of the recent boom of the market, brought the public by thousands into the market. Many small speculators, who lost money in some of last week's decline returned hoping to recoup. Optimistic reports of business conditions and declarations of extra dividend by large corporations continue to stimulate trading:—(A. and N.Z. Cable.)
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Bibliographic details
Auckland Star, Volume LVI, Issue 261, 4 November 1925, Page 7
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106"PLUTOCRATIC" STOCKS. Auckland Star, Volume LVI, Issue 261, 4 November 1925, Page 7
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