The Archive · 1928

Us. Call Rate Down Stocks Up New York, Avg. 15

Coincident with a drop in the eallmoney rate from seven per cent. to 54 per cent. a wide sweeping advance developed on to-day's stock market, speculative favourites climbing rapidly in the afternoon.

ces rushed up in a more impressive manner than for any time during Yome months rest, To-day's recovery of stock prices. was due not only to-easier money rates, but a factor also were promising reports concerning the business situation—Reuter,

Text read from the printed page and cleaned; old type leaves the occasional error.

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