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UNSETTLED MARKETS.

WALL STREET TROUBLES. FALL IN TIN PRICES. (Received 10 a.m.) LOXDOX", January 28. Business on the London stock markets was restricted to-day on account of the unsettlement on Wall Street, the value of the franc dropping in the absence of support. Tin fell to the lowest price in seventeen months as a result of American influences and lack of demand. A message from Xew York states that yesterday, after rallying in the morning trading on the stock market plunged to new low levels at the closing hour, carrying prices four points down, with bonds losing sympathetically. Market experts eaid the decline was purely technical.

STILL WOBBLY. (Received 1.30 p.m.) XEW YORK, January 27. After rallying in the morning trading on the etock market**plunged to new low levels at r> closing hour, carrying prices four points down, with bonds losing sympathetically. Market experte Mid the decline was purely technical.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/AS19380129.2.14.2

Bibliographic details

Auckland Star, Volume LXIX, Issue 24, 29 January 1938, Page 4

Word Count
150

UNSETTLED MARKETS. Auckland Star, Volume LXIX, Issue 24, 29 January 1938, Page 4

UNSETTLED MARKETS. Auckland Star, Volume LXIX, Issue 24, 29 January 1938, Page 4

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