Commerce, Mining, Finance
Overseas Markets Weaken
Caution Dominates London Operations Oicarito Gold Recovery Best Since 1935 Overseas investment markets lost further ground yesterday. Wall Street dropped back, while the general tendency in London was weaker. Business was slow, and gilt-edged issues were marked down. Australian scrip remained hesitant on the Dunedin Exchange this morning with a few more restricted losses recorded. Support was fairly well maintained for local lines, while husi-. ■ess was comparatively large. Okarito Five Mile Beach Gold Dredging Company reports a net profit of £4,439 as against £3,639 in 1938. The gold recovery is the highest since 1935.
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Bibliographic details
Evening Star, Issue 23353, 24 August 1939, Page 9
Word Count
101Commerce, Mining, Finance Evening Star, Issue 23353, 24 August 1939, Page 9
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