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CABLE SERVICES

EXCITEMENT ON SHAKE MARKETS (tteccived 17th March, 2 p.m.) NEW YOBK, lGth March. . A further tremendous accumulation has occurred in Canadian Marconi shares, the/ curb market exceeding yes- : tcrdny'g record, with 557,000 shares changing hands in five hours. Stock closed at the year's highest record of 81. Tho activity lessened lator in the day, and theY excitoment was transforrod to tho cablo group. Tho Eastern Tolograph jumped yesterday from 25 to 165, and to-day, thoro aro numerous doals, closing strong at 200. Eastern Extension has :iscn from 15 on Wednesday to 19} to-day. (Beceived 17th March, 2 p.m.) LONDON, 16th March. ■ Tho "Daily Chronicle" says that the recent rises in cable shares has made g>ood all loss on capital value attributable to the ; actual potontial competition of wireless.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/EP19280317.2.84.4

Bibliographic details

Evening Post, Volume CV, Issue 65, 17 March 1928, Page 11

Word Count
130

CABLE SERVICES Evening Post, Volume CV, Issue 65, 17 March 1928, Page 11

CABLE SERVICES Evening Post, Volume CV, Issue 65, 17 March 1928, Page 11

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