Wall Street Gains
(N.Z.P.A.-Reuter—Copyright) NEW YORK October 18. The Wall street stock market made gains of up to one point on Friday spurred by good business news and what was regarded as a relaxation in the international political situation. The improvement came after Thursday’s rally of almost 50 per cent from earlier sharp losses in very active trading when the change in Russian leadership was announced. Wall Streeters noted the Labour Party’s slim majority in the British elections and this decreased fears of an eventual British bank rate rise.
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Press, Volume CIII, Issue 30575, 19 October 1964, Page 13
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89Wall Street Gains Press, Volume CIII, Issue 30575, 19 October 1964, Page 13
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