USE OF SANCTIONS
EFFECT ON BUSINESS
LONDON, October 12.
' "Sanctions week" ended as it began, with rising prices, which the narrowness of the markets tended to exaggerate. The increase embraced the widest range, of securities, including Governments, industrials, mines, cables and wireless, motors, and even rails. Iron and steel, metal, aircraft, and armament . shares were especially strong. Business, however, continues small.
Everyone is asking how sanctions will affect business. It is ' generally considered that few British industries are likely to be hard hit, and that some will even benefit from them. Some contracts by foreigners* formerly placed for' Italian woollens. are now being transferred to Yorkshire owing to fears that Italy will be unable to deliver in the stipulated time.
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Bibliographic details
Evening Post, Volume CXX, Issue 91, 14 October 1935, Page 9
Word Count
120
USE OF SANCTIONS
Evening Post, Volume CXX, Issue 91, 14 October 1935, Page 9
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