MARCONI SHARES
HEAVY TRADING IN CANADA. A SERIOUS RELAPSE. .(United Press Association.) (By Electric Telegraph—Copyright.) NEW YORK, December 1. The Canadian Mareftni «•' ' had a sensational kerb market rise "several days ago upon the Lo.u., „ .. .. of the cable-wireless amalgamation,, reaching the high point of 28 i, have suffered a serious relapse during the past two days upon the publication of an interview with the chairman of the board appearing in the Toronto Financial Post, quoting him as stating that over 3 dollars a share was too high a price. r JJhe stock yesterday dropped to 17, and trading therein was suspended. To-day the stock' opened at 11J, lost 5 points, and closed-at TOJ. Altogether 104,000 shares were traded within 40 minutes. — Australian Press Association.
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Bibliographic details
Otago Daily Times, Issue 20582, 4 December 1928, Page 9
Word Count
123MARCONI SHARES Otago Daily Times, Issue 20582, 4 December 1928, Page 9
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