PAPER PROFITS
HEAVY LOSSES REPORTED.
BILLIONS OF DOLLARS. STOCK EXCHANGE OPERATIONS* (Australian Press Association —United Service.) Received 11.20 a.m. to-day. NEW YORK, June 13. Losses of paper profits in the sen* National decline on Tuesday are reckoned in hill ions'of dollars. The decline in General Motors from the year’s high, point is alone estimated, to cause a loss of 550.000,000, and' Giaunani stocks suffered a. paper loss of. 473,000,000, which is attributed to the. sensational drop in Banon Italy stocks since. April 30. :
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Bibliographic details
Hawera Star, Volume XLVII, 14 June 1928, Page 5
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83PAPER PROFITS Hawera Star, Volume XLVII, 14 June 1928, Page 5
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