SELLING WAVE ON NEW YORK EXCHANGE
t [ REPERCUSSION OF BERLIN BLOCKADE (Rec. 9.30 p.m.) NEW YORK. July 15. A last-minute selling rush caused leading stocks to fall from one to four dollars a share on to-day’s stock market. Wall Street experts said that' the selling was based largely on apprehension about the Russian Note on the Berlin blockade, plus uneasiness over what might come out of the spei cial session of Congress called by a President Truman. i Before to-day’s break, the general a price level of the market was about e at its highest since August. 1946. e World Middle-weight Title.— The . world middle-weight champion. Tony “ Zale, agreed to-day to defend his title n I against Marcel Cerdan. of France, the j I European title-holder, some tjme ir • September.—New York, July 15.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/CHP19480717.2.90
Bibliographic details
Press, Volume LXXXIV, Issue 25549, 17 July 1948, Page 7
Word Count
133SELLING WAVE ON NEW YORK EXCHANGE Press, Volume LXXXIV, Issue 25549, 17 July 1948, Page 7
Using This Item
Stuff Ltd is the copyright owner for the Press. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons BY-NC-SA 3.0 New Zealand licence. This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Acknowledgements
This newspaper was digitised in partnership with Christchurch City Libraries.