STOCK EXCHANGE RECORD
BREAK IN NEW YORK MARKET. By Telegraph—Press Assn —Copyright. Australian Press Association. Received May 17, 5.5 p.m. New York, May 16. The New York Stock Exchange has again broken the sales record by trading 4,940,600 shares. Aeroplane issues were leading at the new highest point when a eudden break came. Various stocks lost as much as 40 points. The tickers were an hour behind. The exchange will have a holiday on Saturday to allow the members to catch up with the work. Tins is th® third successive week with a sudden break attributed to the exhaustion of the buying power rather than to the credit conditions. When the Philadelphia Federal Reserve increase is considered the actual losses of the day are small.
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Bibliographic details
Taranaki Daily News, 18 May 1928, Page 7
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125STOCK EXCHANGE RECORD Taranaki Daily News, 18 May 1928, Page 7
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