INVESTMENT PRICES
POSITION IN LONDON
CHINESE AND JAPANESE BONDS DECLINE
By Telegraph—l>rPS!l Assn.—Copvnclit.i LONDON, August 14.
Last week's promise of a continuance of the rising markets has not materialised, partly owing to the unfavourabledevelopments in the Far East, but, though there has been little fresh buying, there also has been little selling; consequently prices have stood up fairly well. . , The market still takes the view that there will be a strong revival in the autumn, especially as trade statistics continue good. The outstanding feature of the week has been the slump in Chinese and Japanese bonds, most of which are now about 20 per cent, below the levels of <* month ago. Gilt-edged investments, however, are firm, while Dominions are receiving good support. . Industrials are inclined to quietness, the speculative interest having evaporated, and they closed dull' and uncertain. . ■ Newspaper shares are lower owing to the increased price of paper.
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Bibliographic details
Evening Post, Volume CXXIV, Issue 40, 16 August 1937, Page 12
Word Count
149INVESTMENT PRICES Evening Post, Volume CXXIV, Issue 40, 16 August 1937, Page 12
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