THRILL FOR MARKETS
EFFECT OF FALSE RUMOUR BIG WHEAT DEAL DENIED (Received October 20, fi.s p.m.) NEW YORK, Oct.. 11 Tlip commodity and slock market, hut particularly tho Chicago wheat, pit? ceived a thrill to-day when an unconfirmed rumour was circulated to the effect that, ]\Jr. Henry Ford would announce late in the. evening during a radio address his intention of buying 75.000,000 bushels of wheat at 60 cents a bushel to sell to China on seven years' creditWheat gained one cent, stocks rose from one to four points and commodity prices alf-o responded. However, Air. Ford's officials immediately denied the rumour.
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New Zealand Herald, Volume LXIX, Issue 21319, 21 October 1932, Page 11
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102THRILL FOR MARKETS New Zealand Herald, Volume LXIX, Issue 21319, 21 October 1932, Page 11
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