EQUITIES WEAK
A NERVOUS MARKET
COMMODITY PRICES ALSO
DECLINE
(By Telegraph—Press Assn.—Copyright.) .<:. LONDON, February 12. The "Financial News" reports that the price index of industrial equities has touched the new low level of 90.7.
. Professional operators share the public's nervousness and are unwilling to support the market. Nevertheless, the opinion of the "Economist" and other authorities is that .another extensive I break is .unlikely. ■ The international political situation •i has\also affected the markets for commodities, but most of them finished the week'with a decidedly better tone.
Sugar, which- broke sharply in the middle of the week to below 5s a cwt for the first time in eighteen months, recovered sharply to 11s 2d in an active.
market. , . The rubber share market is firmer. There has been some speculative buying but the undertone .even has .been cheerful. g There has. been no new dvclopment to account for the, further decline in the metal markets apart from the fact that the' United States sales > show no sign of improvement. ,
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Bibliographic details
Evening Post, Volume CXXV, Issue 37, 14 February 1938, Page 12
Word Count
167EQUITIES WEAK Evening Post, Volume CXXV, Issue 37, 14 February 1938, Page 12
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