"BEARISH" TENDENCY.
LONDON STOCK EXCHANGE. (Received 2 p.m.) LONDON, February 26. The "Evening Standards" financial editor states that many sections of the Stock Exchange are definitely "bearish," and going beyond the normal seasonal decline. There is a fear about the sterling rate, without substantial foundation. British authorities, knowing that France would want her "bad" money back, wisely allowed the pound to find its own temporary level. Led by gilt edged securities the markets developed a firmer tendency in the afternoon. Gold share were the most active section. Commonwealths dropped to 12/ on the announcement of a new issue, and rallied later to 13/3. Tin shajres fell in sympathy with metaL
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Auckland Star, Volume LXVI, Issue 49, 27 February 1935, Page 7
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110"BEARISH" TENDENCY. Auckland Star, Volume LXVI, Issue 49, 27 February 1935, Page 7
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