HECTIC RUSH
FOR STEEL SHARES. STOCK EXCHANGE RECORD. (Received 2 p.m.) NEW YORK, June 17. The Stock Exchange witnessed another rush of buying, led by United States steel, which sold at 1394, the highest price in its history. The sales were so heavy during the y *y.. first hour that the tickers were eight minutes behind the market. Trading lightened but little throughout the day.
Experts state that the underlying cause is recent optimistic trade reports, coupled with predictions by financial and business Menders of healthy prosperity ahead. A new record for a seat in'' the ■Stock Exchange was ■ obtained ' when one membership sold for 155,000 dollars.—A.’ and N.Z.
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https://paperspast.natlib.govt.nz/newspapers/NA19260618.2.20.17
Bibliographic details
Northern Advocate, 18 June 1926, Page 4
Word Count
109HECTIC RUSH Northern Advocate, 18 June 1926, Page 4
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