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Review of Last Week in Financial Circles
Last week’s stock and bond markets were unsettled by drastic liquidations in special securities. The general list showed resistance despite weak points tied to uncovered bear reads, while a rebuying of stocks previously sold hinted at hopeful demand. The overall trend indicated oversold conditions and doubts about a broad investment revival, with railroads especially resisting contraction in business and industry.
MENTIONED IN THIS ARTICLE
New York
Uel
Tyre
New York City