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GLOOM DISPELLED

WAUL STREET CHEERFUL

MARKET ADVANCES

(Beceivod 16th November, noon.)

NEW YORK, 15th November. 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 taWag sliced one to five points from top prices shortly before the close, but the market finished quietly firm, one to twelve points higher. United States Steel, which again led the activity, closed at 1645, up 4s. 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 T7ellfounded optimism. The governors voted to shorten the. sessiong again to three hours nest week, with' a holiday on Saturday, the same as this week. '

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/EP19291116.2.63

Bibliographic details

Evening Post, Volume CVIII, Issue 120, 16 November 1929, Page 9

Word Count
134

GLOOM DISPELLED Evening Post, Volume CVIII, Issue 120, 16 November 1929, Page 9

GLOOM DISPELLED Evening Post, Volume CVIII, Issue 120, 16 November 1929, Page 9