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A SLUMP

IN WALL STREET. Press Association— By Electrl. Telegraph—Copyright). NEW YORK, September 10. The Stock Market here has suffered another sharp decline, prices dropping from one to thirty-five points, and again closely approaching the 1929 conditions. The market price losses totalled 1500 million dollars, making the week’s losses three billion dollars. The fundamental reason for this heavy liquidation is not immediately apparent. War scare causes are discounted, and instead, there aie intimations ot current business and domesticl conditions for the coming autumn, which are considered unsatisfactory. Wall Street is extremely nervous.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/HOG19370914.2.70

Bibliographic details

Hokitika Guardian, 14 September 1937, Page 8

Word Count
92

A SLUMP Hokitika Guardian, 14 September 1937, Page 8

A SLUMP Hokitika Guardian, 14 September 1937, Page 8