GLAD TO SEE THE END.
LONDON STOCK EXCHANGE. A DISASTROUS YEAR. (Received 10 a.m.) LONDON, December 23. The "Daily Express" says: The Stocli Exchange and investing public alike will welcome the end of 1929. No year withii memory has been fraught with such disasters as this year. The depreciation of stock and snar< values must be upwards of five hundrec millions sterling. The public has lost al least twenty millions on wild cat indus trials. It is estimated that similar losses wil result from the Ha try crisis. _ Othei disasters include the Nersag affair, thi terrific slump in American stock values depreciations in the Inveresk pape group, Royal Mail Shipping and alhec companies.
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Bibliographic details
Auckland Star, Volume LX, Issue 304, 24 December 1929, Page 4
Word Count
113GLAD TO SEE THE END. Auckland Star, Volume LX, Issue 304, 24 December 1929, Page 4
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