LATE CABLE NEWS
WALL STREET CRASHES AGAIN. FRENZIED SELLING WAVE. Australian Press Appreciation—United (Received 11 a.m.) "NEW YORK, Nov. 11, The market has again crashed, thus •reducing stock valuation at least fivS billion dollars. In the frenzied last- - minute selling wave the bears caught the bulls off guard. In ■ the last halfhour as the latter were joyful over the slowing down of operations, the bears shot the support from under steel, 1 which toppled to a now low level on the reaction within touching distance of the low level for year stock, after . which stock followed suit. Thousand* of shares are being thrown overboard. Prices broke with the entire lack of support until at the close losses ranged to over 20 points. Tickers which had previously kept abreast the market fell half an hour behind..
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Waikato Independent, Volume XXIX, Issue 3160, 12 November 1929, Page 5
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135LATE CABLE NEWS Waikato Independent, Volume XXIX, Issue 3160, 12 November 1929, Page 5
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