WALL STREET FRENZY.

Lyttelton Times, Volume CXVII, Issue 17284, 27 September 1916, Page 8

WALL STREET FRENZY.

HEAVY DEALING IN SHARES. By Telegraph—Press Association—Copyrighti Australian and N.Z. Cable Aaeociatioa." (Received September 26, 5.5 p.m.) NEW YORK, September 25."7 There is a frenzy of bull activityda 'the Stock Exchange. It is claimed that to-day 2,392,000 shares changed hands. All stocks show an upward tendency. Union Pacific established a record, 149 J, while United States Steel claimed 120. Owing to reports that the American mills will be unable to supf ply European steel orders, Anaconia Copper at par value 50, went to 102. The heaviest previous day's trading since the war began occurred on September 28, 1915, when 1,788,000 siarea changed hands.