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STOCK EXCHANGES

FLUCTUATIONS ON NEW YORK MARKET, ACUTE WEAKNESS DEVELOPED. (United Press, Association—By Electric Telegrapn Copyright.) (Australian Press Association.! NEW YORK, Dec. 7. Stocks developed an acute weakness to-day, breaking anywhere from eight to nineteen points. The market suffered violent fluctuations. It opened weak, -then rallied, and lateir broke sharply towards the close; Call money wals renewed at 10 per cent, and declined to 9 per cent. Radio Corporation moved violently between . 403 and 376, closing 19 points off yesterday’s closing place. The acute weakness of steel common caused anxiety. The volume of trading was heavy.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/HAWST19281210.2.69

Bibliographic details

Hawera Star, Volume XLVIII, 10 December 1928, Page 10

Word Count
96

STOCK EXCHANGES Hawera Star, Volume XLVIII, 10 December 1928, Page 10

STOCK EXCHANGES Hawera Star, Volume XLVIII, 10 December 1928, Page 10