AMERICAN STOCKS.
CRASH IN PRICES. £400,000,000 SWEPT AWAY, . \ COMMODITY MARKETS DEPRESSED • ■ . . ' . * " r (Received June 17, 9.30 ami.) NEW YORK, June 1&. Prices crashed again to-day on thei Stock Exchange. Over 100 issues made new low levels for the year of longer, and more than £400,000,000 m valuations were swept away in heavy liquidation. Prices broke three to sixteen points in active issues, and the whole list was carried to new low levels on the reaction. United States steel made a new low level for the year of 1581- ’ The Chicago, Philadelphia, Cleveland and Boston stock markets also reacted badly. The commodity markets, including cotton, wheat, (bar silver, and rubber were likewise badly depressed.coming, but it failed to ohook the headlong decline In the market prices. To-day 200 issues plunged to low levels In the most precipitous crash since November. £1,000,000,000 DROPPED. United Press Assn. —Elec. Tel. Copyright. NEW YORK, June 16. The New York stock market’s losses, totalled well over £1,000,000,000. j.
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Waikato Times, Volume 107, Issue 18048, 17 June 1930, Page 7
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162AMERICAN STOCKS. Waikato Times, Volume 107, Issue 18048, 17 June 1930, Page 7
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