WALL STREET FLURRIES.
COAXING THE GENERAL PUBLIC.
HAS BEEN BITTEN TOO OFTEN,
(Fr,om Our Own Correspondent.)
SAN FRANCISCO, March 18,
The New York Stock Exchange is usually looked to as an index of the country's business, but there have been only a few flurries on Wall Street, and that principally engineered by_ pools interested in specific stocks, with the object of "unloading." Wall Street has fo.und extremely difficult sledding in the furious attempts to coax the general public into the stock fold, for the fact remains that the public has been bitten too often and does not forget as quickly as the professional operators fancy. The consequence has been that trading on "the street" has been exceptionally, small of recent weeks, but all the operators appear to believe that business is on the "lip trend." A good deal of slamming has been in progress against the Hoover administration, and it is generally believed that the next White House occupant will be a Democrat, with Governor Ritchie, of mentioned for tha honour.
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Auckland Star, Volume LXII, Issue 81, 7 April 1931, Page 9
Word Count
171WALL STREET FLURRIES. Auckland Star, Volume LXII, Issue 81, 7 April 1931, Page 9
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