PRICES ADVANCE.
STOCK EXCHANGE TRADING. BIG BUYING WAVE. GREAT TURN-OVER IN SHARES
(United Press Association —By Electric Telegraph Copyright.) (Australian Press Association.) Received 11.45 a.m. NEW-YORK, Aug. 29.
An easing in tone of call money lias again set loose a buying wave on the Stock Exchange, sweeping dozens, of issues into new 'high ground, and bringing the. average of industrials to a new record peak. The trading exceeded four million shares, for the first time since June. TlJie tickers are swamped and are running half-hour behind the market. Gill money was in supply around norm at the renewal rate of 7-1 per cent., and stocks continued to hold early gains in most sections. Several issues spurting several points. Radio Corporation of America soared more than twelve points.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/HAWST19280830.2.69
Bibliographic details
Hawera Star, Volume XLVII, 30 August 1928, Page 9
Word Count
127PRICES ADVANCE. Hawera Star, Volume XLVII, 30 August 1928, Page 9
Using This Item
Stuff Ltd is the copyright owner for the Hawera Star. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons BY-NC-SA 3.0 New Zealand licence. This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Log in