WALL STREET.

Wanganui Herald, Volume LIII, Issue 15973, 15 November 1919, Page 2

WALL STREET.

REMARKABLE FALL IN PRICES. Australian and N.Z. Cable Association. NEW YORK, November 12. The Stock Exchange was the scene of a remarkable fall in prices. Call money reached 30 epr cent after opening at 14 and closed at 25. To-day’s turnover was more than 2,500,000 shares, and some stocks fell more than 65 points. The reason is said to be the Federal Reserve Board’s restriction of the supply of money available for speculation purposes.