STIMULATED MARKET
SHARES SOAR ON WALL STREET WASHING! ON’S POLICY (Aust. and N.Z. Cable.) New York, Feb. 12. Washington's plan for blasting out obstructions to the flow of credit sharply stimulated the financial markets on Thursday. Stocks came out of the recent slump with a- rush, anl tlie principal shares soared 2 to 7 dollars, closing virtually at the top. Auburn made an extreme gain of I6i dollars, near the top. Bonds wer© strong and tlie principal commodities, including sugar, colon, wheat and corn, made substantial gains. 3be is took advance is tlu* Inrest since mid-De-cember. Shorts paid dearly for covering mi tin cuts male during the declines from the January heights.
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Bibliographic details
Feilding Star, Volume 9, Issue 3645, 13 February 1932, Page 5
Word Count
112STIMULATED MARKET Feilding Star, Volume 9, Issue 3645, 13 February 1932, Page 5
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