LIVELY MARKET
ON STOCK EXCHANGE
LONDON CONFIDENCE
liy Teiezraph—Press Aeen. —Copyright. I (Received October 19, 12.5 p.m.) I LONDON, October I*> A lively market ended on a firm tone. This notwithstanding the heavy dealings which at times equalled those of the 1929 boom, and "yet covering the period of devaluation in the gold bloc countries, also the introduction of the Morris Motors shares. Throughout the period confidence was unshaken, even by the recer.l turns in Continental politics, which had the result of more capital coming into Great Britain and increasing the existing abundance of money. These factors had the effect of bullish pressure on investments. Nevertheless the chief reason for the buoyancy of the markets is the steady 'rise in the prices of primary products, and the progressively increasing industrial profits. The prospect of improvement in international trade and finance early in the week was marked by profit-taking with industrials keeping at values that were reasonably level.
Gilt edged securities were most prominent at the close of the week, especially British funds, and Dominion Government loans were firm.
Foreign loans, especially German, reflected anxiety regarding' the international situation.
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Bibliographic details
Evening Post, Volume CXXII, Issue 18, 19 October 1936, Page 12
Word Count
188LIVELY MARKET Evening Post, Volume CXXII, Issue 18, 19 October 1936, Page 12
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