BILLIONS OF DOLLARS
WALL STREET LOSSES SENSATIONAL DECLINE Frets Association—-By Telegraph—Copyright. NEW YORK, Juno 13. (Received Juno 14, at 10.10 a.m.) The losses of paper profits in the senational decline on Tuesday are reckoned in billion of dollars. The decline in General Motors from the year’s high point alone is estimated to have caused a loss of 550,000,000 dollars, and Giannani stocks suffered a paper loss of 473,000,000 dollars, which is attributed to the sensational drop in the Bank of Italy stocks since April 30.—Australian Press-United Service.
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Bibliographic details
Evening Star, Issue 19892, 14 June 1928, Page 6
Word Count
87BILLIONS OF DOLLARS Evening Star, Issue 19892, 14 June 1928, Page 6
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