LONDON STOCK EXCHANGE
Market More Active By Telegraph.—Press Assn.—Copyright LONDON, July 28. Though the turnover on the London Stock Exchange remains low, the week brought appreciably increased activity, with price trends suggesting that giltedged stocks and equities are parting company after so long moving illogically in unison. Investors are at last beginning to appreciate the implications of the borrowing programme and the rising business activity, which is now within 2 per cent, of the 1937 boom level. New Zealand loans rose another point. The City now visualizes a general upswing in commodity prices, war or no war. It is argued that Government requirements of essential commodities are likely to be increased if the present uncertainty continues, while war would bring inflation. The headlong spending on commodities has generally reflected this view.
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Dominion, Volume 32, Issue 259, 31 July 1939, Page 12
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131LONDON STOCK EXCHANGE Dominion, Volume 32, Issue 259, 31 July 1939, Page 12
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