LONDON STOCK EXCHANGE RALLY
(Rec. 9.55 a.m.) LONDON, August 14.
Led by gilt-edged stocks, the London Stock Exchange rallied today after the big losses yesterday and Tuesday. “Dalton’s” Government 21 per cent, irredeemable bonds, which fell to £BO 10s or lower in official dealings yesterday, recovered to about £B2 at today’s close. There was another sharp advance in South African and other goldmining shares, benefiting _ from “escapism” and the belief in an eventual fall in production costs or a high gold price.
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Greymouth Evening Star, 15 August 1947, Page 2
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82LONDON STOCK EXCHANGE RALLY Greymouth Evening Star, 15 August 1947, Page 2
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