ADVANCE IN STOCKS
WALL STREET’S GLOOM DISPELLED New York, November 15. Wall Street’s gloom was dispelled by a fresh advance of from one to fourteen dollars a share in stocks, which went on absolutely unchecked by liquidation or short selling. Profit taking sliced one to five points from top prices shortly before the cldSe, but the market finished quietly firm, one to twelve points higher. United States Steel, which again led the activity, closed at 164 J, up 4J. Trading was only slightly below yesterday, and brokers assert that the market is steadily regaining an even keel following the cessation of bear attacks, and the influx of wellfounded optimism. The governors voted to shorten the sessions again to three hours next week, with a holiday on Saturday, the same as this week.
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Dominion, Volume 23, Issue 46, 18 November 1929, Page 11
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132ADVANCE IN STOCKS Dominion, Volume 23, Issue 46, 18 November 1929, Page 11
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