Silver in Wombay 69:07 rps 62:02 rps tthe Crash in New York The disaster which, towards the closing week of October, was emanating from the New York Stock Exchange, has east its sinister. shadows round the entire Blobe, The extent of damage done by the force of the hurricane cannot, yet be intelligently gauged. Auihentie messages from the States estimate the damage done at the faupendous figure of 5. billion VU. 8. dollars, an estimate arrived fat by the difference in the valuation of stocks listed on the New York. Exchange at the beginning of October, us compared with the end of the past month, Between the beginning of 1920 and September 1920 the total amount of securities floated in the American market, was $29,004,387,- (000, exclusive of foreign. govern: ment loans. Out. of this total about $0,000,000,000 was for refunding, previous obligations, in-leating net new financing of oughly _§$23,000,000,000. No less than. $18,063,000,000 has been shape of stocks, Towards the middle of September 1929. the Augtezate amount of brokers loans outstanding in New York has been about $7,000,000,000,
Text read from the printed page and cleaned; old type leaves the occasional error.