EXCHANGE AGAIN CRASHES
FRENZIED SELLING WAVE
BEARS SEND STOCK TOPPLING
HUGE DROP IN VALUATIONS
By Teiegraph—Press Assn,— Copyright. New York, Nov. 11. The stock market has again crashed, reducing the stock valuations at least five billion dollars in a frenzied lastminute selling wave. The bears caught the bulls off their guard in the last half hour, as the-latter were joyful over the slowing down’of operations. The bears shot support from . under steel,, which toppled to a new low level on the reaction to within touching distance of' the low level for the year. Stock after stock followed suit, thousands of shares being thrown overboard. Prices broke with an entire lack of support until at the close losses ranged to over 20 points. The tickers, which had previously kept abreast of the market, fell half an hour behind.
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Taranaki Daily News, 13 November 1929, Page 11
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137EXCHANGE AGAIN CRASHES Taranaki Daily News, 13 November 1929, Page 11
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