The Archive · 1929

Break Confined to Market

NCE, SPECIAL sevice New York, Nov

Ithouzh there was no trading la Vall Street to-day, the first Sunday lion of the New York Stock E:

found the floor crowded brokers who were trying to clean up the tangle left by last week's business.

The Exchange had been closed since noon of last Tharsday, following a record-breaking crash of the market with selling running into precedented figures, An upwards turn which was record-just before the closing of the exchange gave ground for hopes that the worst of the difficulties are over and that the coming week will ace, more favourable prices, Most experts are of the opinion that the slump was corrective nature, clearing off, swollen valu: tions and opening the way to profite by those in position to take advantage of present bargain-counter prices when trading opens again tomorrow.—United Press, Washington, Nov, 5.

The United Press learned ta-day that Government officials, after a careful analysis of the present financial situation, are cons vineed that although the stock market has passed through goave crisis, the break has boon feonfined entirely to the market and is not expected to extend to general business ahd to the ancial future-—United Press,

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

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