SHARE PRICES FALL
INVESTORS' APPARENT FEAR Rec. 11.30 a.m. LONDON, May 25
Sharp falls in the prices of shares suggest that investors fear the return of a Labour Government. Prices will not recover, financial experts say. until the result of the election is known.
The "Financial Times" says: "Judged from the list of falls that have occurred during the week, it might well be supposed that the Labour Party had been returned by a large majority and had already set to work to nationalise the railways, coal, iron, steel, cinemas, and other branches of industry, always to the detriment of the capital invested and the discomfiture of the shareholders." The "Financial News" says that unknown factors include: the duration of the war in the Pacific and the future organisation of world security; the political complexion of the Government which will introduce the next Budget; and the fate of certain industries which may be subject to political pressure. It adds: "Possibly also there will be developments in propaganda against cartels and against 'big business.'"
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Bibliographic details
Evening Post, Volume CXXXIX, Issue 123, 26 May 1945, Page 7
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173SHARE PRICES FALL Evening Post, Volume CXXXIX, Issue 123, 26 May 1945, Page 7
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