Article image
Article image
Article image
Article image
Article image
Article image
Article image
Article image

BUSINESS ON 'CHANGE

WAVE OF BUYING

RISE IN BOND PRICES

(Received October 1, U1.40a.rn.) LONDON, September 30. ; Business on the London Stock n Exchange started half an tour earlier than the usual time. A wave of buying liftcjd prices to levels ruling before the crisis. The 3£ per cent, war loan is now quoted at £102. German 7 per cent, bonds were up nine points, and Czech 8 per cent bonds rose by eight points. Industrial shares are on. a strong market, and gold mines especially active. I (British Official Wireless.) ;. (Received October 1, noon.) I -i RUGBY, September 30. The relief in the City- caijised by the Munich agreement is reflected in the expansion of business on. the Stock Exchange, and despite big rises in : stock and share values wihich occurred yesterday there were further remarkable advances, and the price tendency remains buoyant. ! British funds in particular are (strong, with advances of from 1 to 2£j I points. I The 3J per cent war loan is now! firm at £101 10s. j Foreign bonds, particularly German j and Austrian issues, which had fallen! to exceptionally low levels, havei registered very big advances.

This article text was automatically generated and may include errors. View the full page to see article in its original form.
Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/EP19381001.2.45.3

Bibliographic details

Evening Post, Volume CXXVI, Issue 80, 1 October 1938, Page 9

Word Count
193

BUSINESS ON 'CHANGE Evening Post, Volume CXXVI, Issue 80, 1 October 1938, Page 9

BUSINESS ON 'CHANGE Evening Post, Volume CXXVI, Issue 80, 1 October 1938, Page 9