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BLACKEST IN HISTORY

STOCK EXCHANGE DAY

HEAVY SELLING PRESSURE

MARKETS NOW RELATIVELY CALM

(By Telegraph—Press Assn.—Copyright, i (Eeceived September 28, noon.) LONDON, September 27.

Business on the stock and share markets may now be described as nominal, when compared with yesterday, which was one of the blackest days in the history of the Stock Exchange. Markets are now relatively calm.

The decision of the House Committee to fix "minimum prices" for gilt-edged securities prevented a repetition of yesterday's debacle, when the prices for Government Stocks retreated before heavy selling pressux-e. Other sections in the markets are virtually at a standstill and mostly weaker.

Central European Government Bonds have slumped heavily.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/EP19380928.2.113.1

Bibliographic details

Evening Post, Volume CXXVI, Issue 77, 28 September 1938, Page 16

Word Count
110

BLACKEST IN HISTORY Evening Post, Volume CXXVI, Issue 77, 28 September 1938, Page 16

BLACKEST IN HISTORY Evening Post, Volume CXXVI, Issue 77, 28 September 1938, Page 16

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