A BETTER TREND
COMMODITY PRICES IMPROVE SIGNS OF REVIVAL STOCK .MARKETS MORE ACTIVE BRITISH LOAN CONVERSION Aust and N.Z. Gable> London, July MO. ‘Tt is at least possible to hope tlitat the bottom of the depression has been reached, even if recovery is destined to prove slow, and attended by many litficultics,” declares tlie Economist. This opinion is fortified by the improved tendency of the stock markets and the success of the British (tonversion loan. Senator Borah’s war .debt pronouncement, to which London financial circles attach great importance, and Wall Street's long-delayed revival. are also welcomed in Britain. Commodity prices show a better i ' end. especially butter, owing to tlie likelihood of early withdrawal of the partial prohibitions against Danish butter entering Germany and Holland. Copenhagen's quotations have steadily risen during recent weeks.
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Bibliographic details
Feilding Star, Volume 9, Issue 3785, 1 August 1932, Page 3
Word Count
133A BETTER TREND Feilding Star, Volume 9, Issue 3785, 1 August 1932, Page 3
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