AMERICAN STOCKS.
A WEAKENING INFLUENCE. GENERAL DOWNWARD MOVE. United Press Assn, —Elec. Tel. Copyright. NEW YORK, May 27. With many rumours of some weakening influence (as yet intangible overhanging the market, stocks underwent further considerable losses. United States Steels led the downward move, touching 91i and closing at 92} (off three). Trading Increased in volume, hut rallying power was absent, Steel interests and railways suffered most with the majority of other important issues decreasing up to ten points. No definitely adverse news is current upon which the continued break oould be blamed, but the liquidation js perhaps due to a colleotion of h“ n ° r depressive factors, none of which, alone, would be serious.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/WT19310529.2.66
Bibliographic details
Waikato Times, Volume 109, Issue 18341, 29 May 1931, Page 7
Word Count
114AMERICAN STOCKS. Waikato Times, Volume 109, Issue 18341, 29 May 1931, Page 7
Using This Item
Stuff Ltd is the copyright owner for the Waikato Times. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons BY-NC-SA 3.0 New Zealand licence. This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Log in