INVESTORS QUIET.
GILT-EDGED STOCKS FIRM. LONDON, June 23. South African goldmining shares are still the only section of the London Stock Exchange showing any considerable amount of activity. However, although not much business is doing in other departments, the general tendency has been steady. A satisfactory feature is the firmness of gilt-edged stocks, all British funds showing good recovery from recent levels. Australian and New Zealand Government stocks maintain their position. "The Statist" thus describes the situation The general undertone is still fairly firm, while the technical position is such that a moderate revival in investment demand should be quickly reflected in prices. Confidence in the domestic situation does not show signs of weakening and as the "field for investment is still largely confined to the home and Empire markets the accumulation of funds for which employment has to be found must again make its influence felt,
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Auckland Star, Volume LXV, Issue 148, 25 June 1934, Page 4
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147INVESTORS QUIET. Auckland Star, Volume LXV, Issue 148, 25 June 1934, Page 4
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