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FALL IN STOCKS

ON NEW YORK EXCHANGE (Rec. February 19, 11.5 p.m.) New York, February 18. With 1,802,000 shares traded in the Stock Exchange in two hours to-day, being a record for a Saturday market, saw a continuous downward movement of prices. The total dealings yesterday and to-day were 4,874,000 shares, showing losses" of five to nine points in speculative issues, and two to six points in representative stocks. Ihe rise in rediscount rate and the presence of a large amount of undigested issues arc held responsible for the downward pressure.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/DOM19280220.2.83

Bibliographic details

Dominion, Volume 21, Issue 121, 20 February 1928, Page 9

Word Count
91

FALL IN STOCKS Dominion, Volume 21, Issue 121, 20 February 1928, Page 9

FALL IN STOCKS Dominion, Volume 21, Issue 121, 20 February 1928, Page 9