GLOOM DISPELLED.
STOCK EXCHANGE RECOVERING
(United Press Association—By Electric Telegraph Copyright.) Received 3 p.m. to-day. NEW YORK, Nov. 15 Wall Street’s gloom was dispelled by a fresh advance from one to 14 dollars a share in stocks, which went on absolutely unchecked by liquidation or short selling. Profit taking sliced one to five points from top prices shortly before the close, but the market finished quietly and firm at one to 12 points higher. United States Steel, which again led the activity, closed at 164,) (up 4)). Trading was only slightly below yesterday, and brokers assert that the market is steadily regaining an even keel following the cessation of the “-bear” attacks and the influx of wellfounded optimism. The governors have voted to shorten the sessions again to three hours per week, with a holiday on Saturday. There will also be a holiday on Saturday of this week. 1
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Hawera Star, Volume XLIX, 16 November 1929, Page 9
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149GLOOM DISPELLED. Hawera Star, Volume XLIX, 16 November 1929, Page 9
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