RALLY ON 'CHANGE.
Motor Shares Lead Upward Surge. COMMODITIES REACT. (Received 2 p.m.) NSW YORK, January 10. Apparently on the strength of optimistic statements by leaders of the automobile industry in connection with the annual show here, where the 1934 models are presented, motor shares experienced a sharp rally on the Stock Exchange to-day, which forced prices up one to live points in heavy trading. •Commodities reacted sympathetically. Cotton was up 50 cents a bale, and wheat about a cent a bushel. The dollar lost ground slightly against foreign currencies. The Government bond market was weak, with heavy liquidation. The gold price remains unchanged for the seventh time. This is the longest period without a rise since the Government's gold buying policy was instituted last year.
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Auckland Star, Volume LXV, Issue 9, 11 January 1934, Page 7
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126RALLY ON 'CHANGE. Auckland Star, Volume LXV, Issue 9, 11 January 1934, Page 7
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