The Sun and the New York herald

From the original pageDe la página original

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SPECIALISTS V,

43 Exchange Plnce New York

TtltpKohis Xsbo-Je ttarwitr

Tlio decline In tho stock market con

tinued yesterday, and an prices got

lower tliB movement was accelerated a

good deal by tho execution ot mop loss

orders placed lit tho market by persons

who, having missed the top last week,

hoped to tiavo something out of their

now rapidly disappearing paper profits.

Tills naturally left n very bad Impres

sion on the average commission house

follower, because It gave tlio market nn

1 appearance of being under very heavy

outsldo liquidation. Hut Mich was not

tho case, Tho selling came mostly

from the bear contingent, which has

gained the upper hand for tho tlmo be

In if, and received the support of 'he

pool lenders, who, having distributed

most of their stocks hst wejk, backed

away from tho market yesterday, tilth

tho view of buying them back later on.

It was a case of professional specula

tion and therefore did not worry the

ordinary trader, who had mad) up his

mind previously as to what the trend

of the market wns likely to bo for tho

first half of the year, regardless of occa

sional setback.

t was because the market was so

professional that Wall Street could not

How to cite this articleCómo citar este artículo

The Sun and the New York herald. (1920). New York [N.Y.], 1920-04-21. Haiti in the American Press. Library of Congress, Chronicling America: https://www.loc.gov/resource/sn83030273/1920-04-21/ed-1/?sp=14

ReferencesReferencias

Library of Congress, Chronicling America: The Sun and the New York herald, 1920-04-21.