ANOTHER CRASH
NEW YORK MARKET FRENZIED SELLING WAVE. “BEARS” CATCH “BULLS” OFF THEIR GUARD. (United Press Association—By CableCopyright.) (Received 12, 9.45 a.m.) New York, Nov. 11. The market again crashed, reducing stock valuations at least five billion dollars in a frenzied last-minute selling wave. The bears caught the bulls off their guard in the last half hour as the latter were joyful over the slowing dawn of operations. The bears shot support from under steel, which toppled to, a new low level* on the reaction within touching distance of the low levels for the year. Stock after stock followed suit, thous ands of shares being thrown overboard. Prices broke with the entire lack of support until, at. the close, losses ranged to over 20 points. The tickers, which had previously kept abreast cf the market, fell half an hour behind.
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Bibliographic details
Hawke's Bay Tribune, Volume XIX, Issue 281, 12 November 1929, Page 5
Word Count
140ANOTHER CRASH Hawke's Bay Tribune, Volume XIX, Issue 281, 12 November 1929, Page 5
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