UNITED STATES TARIFF
STOCKS AND SHARES DEPRESSED
NEW YOBK, 14th June. The passage of the Tariff Bill reacted on all the markets to-day. Stocks show persistent liquidation and short selling during a two-hour session, several prominent issues, including the International Telephone and Telegraph and Anaconda Copper, falling even below the panic quotations of last November. Fear of retaliation by foreign countries, by foreign metallurgical interests, reacted on- copper mining stocks. The commodity markets also showed the effects of the situation. For the first time for over two years July wheat went below a dollar a bushel. Other grains and provisions followed suit. Cotton futures declined 55 points, with heavy selling orders reported from abroad. •
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Evening Post, Volume CIX, Issue 139, 16 June 1930, Page 12
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114UNITED STATES TARIFF Evening Post, Volume CIX, Issue 139, 16 June 1930, Page 12
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