HOPES DISPELLED
NO IMPROVEMENT IN STOCK MARKETS FURTHER OUTBREAK OF SELLING Preu Association— By Telegraph—Copyright LONDON, June 22. (Received June 23, at 8 a.m.) Hopes of improvement in tho stock markets have been dispelled with a further outbreak of selling. Gold ■ shares had practically no support at lower levels. Tho French crisis, the Spanish situation, and the postponement of Baron von Neurath’s visit caused buyers to hold off other market#, rubbers alone remaining steady. The ‘Financial Times’ emphaises that the iron and steel industry is likely to enjoy stable conditions and substantial activity for several years in Britain. FRANTIC BELLING IN SOUTH AFRICA CAPE TOWN, June 22. (Received Juno 23, at 11 a.m.) The Rand market experienced the most hectic day for years. Nobody seemed to know the reason for . selling as the shares piled on a falling market. London buying at the close of the session alone steadied values, THE LONDON MARKET LONDON, June 22. (Received June 22, at 11 a.m.) The market finished raggedly owing to nervousness as a result of the Spanish situation and an outbreak of selling of gold shares in South Africa.
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Evening Star, Issue 22682, 23 June 1937, Page 9
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187HOPES DISPELLED Evening Star, Issue 22682, 23 June 1937, Page 9
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