WALL STREET PRICES.
DECLINE AND RECOVERY. STOCK MARKET FLUCTUATION. A. and N.Z. NEW YORK, May 4. The depressing influence of the British strike on the New York securities market was intensified to-day when a wave of selling orders swept over the' stock market. This caused a decline of from one to three points at the outset in scores of leading railway and industrial stocks. Foreign exchange rates were also affected, the demand for sterling dropping J cent. French and Belgian francs sold at the lowest point of (he year. The market successfully withstood the first selling shock, however, the declinebeing followed by a sharp rally which <arried many issues from one to three points above Monday's closing quotations. TKK PRINCE OF WALES. SAFE RETURN TO LONDON. Australian nnd N.Z. Cable. Association. (Reed. 9.35 p.m.) LONDON. May 4. The Prin«e of Wales arrived by aeroplane at Croydon from Paris and quietly motored to London. i
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New Zealand Herald, Volume LXIII, Issue 19320, 6 May 1926, Page 9
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154WALL STREET PRICES. New Zealand Herald, Volume LXIII, Issue 19320, 6 May 1926, Page 9
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