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STOCK EXCHANGE PANIC

FRANTIC SELLING IN NEW YORK. I By Telegraph—Press Assn.—Copyright. New York, Oct. 4. A fresh outbreak of selling struck the stock market at the last hour to-day, and the greatest excitement prevailed. The tickets were unable to keep up with the deluge of orders and wore an hour late at one time. Both stock exchange and curb sales were extremely heavy, the stocks sales totalling 6,623,600 shares. - In the last five minutes powerful financial interests, alarmed, threw billions of dollars into the fray, saving several leading stocks which had been sliding fast, but the time was too short to help most and most issues finished with severe losses.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/TDN19291007.2.105

Bibliographic details

Taranaki Daily News, 7 October 1929, Page 11

Word Count
111

STOCK EXCHANGE PANIC Taranaki Daily News, 7 October 1929, Page 11

STOCK EXCHANGE PANIC Taranaki Daily News, 7 October 1929, Page 11

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