BREAK ON WALL STREET
HEAVIEST OP THE YEAR. (United Press Association.) (By Electric Telegraph—Copyright.) NEW YORK, February 20. The sharpest break of the year struck the New York shock market to-day. Heavy selling sent prices down one to eight points, with paper losses of millions of dollars. Call money held at 4J per cent, all day. Steel closed at 181 J (off three and three-quarters), American Telephone 231 (off five), General Electric 714 (off 2|), and Radio (2-5). The curb market prices dropped under heavy selling, and bonds turned irregular.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/ODT19300222.2.93
Bibliographic details
Otago Daily Times, Issue 20958, 22 February 1930, Page 13
Word Count
90BREAK ON WALL STREET Otago Daily Times, Issue 20958, 22 February 1930, Page 13
Using This Item
Allied Press Ltd is the copyright owner for the Otago Daily Times. 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 Allied Press Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.