MARKETS RECOVERY
ACTIVE AND STRONG REMARKABLE CHANGE OCCURS LONDON, Oct. 21 Markets were active and strong following the overnight recovery of Wall Street and the non-intervention news. Engineering, shipping, oil and rubber shares were especially favoured and there were many substantial gains.The change of sentiment is remarkable, although buying is mainly professional It is felt the public will not be long in following the lead provided Wall Street manages to hold its recovery. NEW YORK ACTIVITY FIRMING IN PRICES SLACKENING AND RECOVERY (Received October 22, 5.5 p.m.) NEW YORK. Oct, 21 Although trading was slower, the stock market was most active, 3,460,000 shares changing hands. Many closed from one to four points higher. Prices receded after a brisk opening, but recovered in the final hour.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/NZH19371023.2.66
Bibliographic details
New Zealand Herald, Volume LXXIV, Issue 22867, 23 October 1937, Page 11
Word Count
125MARKETS RECOVERY New Zealand Herald, Volume LXXIV, Issue 22867, 23 October 1937, Page 11
Using This Item
NZME is the copyright owner for the New Zealand Herald. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons New Zealand BY-NC-SA licence . This newspaper is not available for commercial use without the consent of NZME. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Acknowledgements
This newspaper was digitised in partnership with Auckland Libraries and NZME.
Log in