PEACE RUMOURS PERSIST
Reactions On Stock Exchange 1 8.40 p.m.) NEW YORK. July 18. Persistent reports of Japanese peace feelers have plunged the New York stock market to the lowest level for lliree months. A wave of speculation amounting almost to hysteria reached the dramatic proportions which preceded the end of the European war. A State Department spokesman at Washington denied a report tl.r.'. Generalissimo Stalin had taken a Japanese pea'? offer to Potsdam. In spite of this, selling orders poured into the Stock Exchange. A total of 1,450,000 shares changed hands to-day, compared with 1,560,000 yesterday and 790,000 on Monday.
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Bibliographic details
Timaru Herald, Volume CLVIII, Issue 23258, 20 July 1945, Page 5
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101PEACE RUMOURS PERSIST Timaru Herald, Volume CLVIII, Issue 23258, 20 July 1945, Page 5
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