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BEDLAM IN WALL STREET.

STOCK PRICES TUMBLE AGAIN. t ßy TeJerraph-Press Assr -Copyrightj Received Thursday, 7 p.m. NEW YORK, April 28. Stock prices tumbled from one to six points in another heavy wave of selling which turned the floor of the Exchange into bedlam as brokers struggled to exe- ' cute the flood of bearish orders. Wall Street was plunged into pessimism by the downward trend. The situation is being attributed to a variety of factors, the chief being President Roosevelt's warning against speculation by civil servants and his efforts to curb the speculative orgy of commodity prices. United States steel lost G points, Chrysler 4-1-, General Motors l->, and United States Smelting 5. Selling for foreign account continued heavy.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/HC19370430.2.15

Bibliographic details

Horowhenua Chronicle, 30 April 1937, Page 3

Word Count
119

BEDLAM IN WALL STREET. Horowhenua Chronicle, 30 April 1937, Page 3

BEDLAM IN WALL STREET. Horowhenua Chronicle, 30 April 1937, Page 3

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