NEW YORK STOCK EXCHANGE
ANOTHER BREAK DOWNWARD
Recd. 7.40 p.m. New York, Sept. 3. The “New York Times” financial editor says Wall Street could not find basic reasons for to-day’s stock market break, wherein the final count raised the volume to 2,900,000 shares, with prices showing a decline of two to 17 points. The break produced the sharpest decline in average price compilation i for 15 years. The composite rate was slashed by approximately eight points and share lists returned to the August, 1945, levels. The mere fact that quotations for securities of elite industrial organisations could crumble with such ease, and without any real attempt to stem the tide, indicated developments which are not yet clear.
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Wanganui Chronicle, 5 September 1946, Page 5
Word Count
117NEW YORK STOCK EXCHANGE Wanganui Chronicle, 5 September 1946, Page 5
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