HOOVER BOOM.
ACTIVITY IN SHARE MARKET. (Caitod Press Association —By Eleetrio ' Telsitraph—Copyright.) NEW YORK, November 9. A total of 4.947,400 shares were traded in the third day of the “Hoover market.’’ the machinery was swamped with tickets, and was over ar. hour behinck Rails were tile mast prominent stocks .but the extraordinary increases were marked and varied. The issues . of Montgomery Ward gainet} 23, tfie Radio Corporation of America 39, and there. wore reactions to General Motors, this issue gaining 23 to 24. SHARE BOOM CONTINUES. SATURDAY’S RECORD TRADING. (United ;Prie»« Anaociation—By Blectrl# TeliSgriiph'—Copyright.) NEW YORK, November 10. The Hoover boom, which lias been in progress on Stock Exchange ever since the eiecuon, continued even in the short Saturday session. The total sales of .3,278,0(X) shares established a new Saturday trading record. The tiCkefS, as usual, were far behind the market and brokers are already beginning to show the strain of the past tew days of feverish activity.
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Bibliographic details
Timaru Herald, Volume CXXV, Issue 18112, 12 November 1928, Page 11
Word Count
158HOOVER BOOM. Timaru Herald, Volume CXXV, Issue 18112, 12 November 1928, Page 11
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