WALL STREET STEADY.
CONFIDENCE IN PRESIDENT,
(Received 2 p.m.) NEW YORK, January 5. The Wall Street bond market to-day recovered from tho shock of the President's Budget message. The feeling generally is that Mr. Roosevelt will be able to swing the proposed vast flotations, and it is contemplated that the Government issue will be stronger. Stock Exchange prices, however, are irregular and j-enerally lower on the strength of the dollar, which during the day gained more than one cent. Commodities are listless, cotton holding firm, and wheat being off to the extent of a fraction. The Government's price for the purchase of gold is unchanged.
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Auckland Star, Volume LXV, Issue 5, 6 January 1934, Page 9
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105WALL STREET STEADY. Auckland Star, Volume LXV, Issue 5, 6 January 1934, Page 9
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