SLUGGISH TONE
HOME STOCK MARKETS (Reed. Jan. 31. 2 p.m.) LONDON, Jan. 30. The continued acute need for dollar exchange deflated the City's reaction to Canada’s gift of £200,000,000 worth of supplies and Mr. Churchill’s announcement of the pooling of British and American munitions, raw materials, and shipping.
The stock markets are sluggish. Sales by nervous holders and the absence of buyers sent Australian and New Zealands to tine official minima, but there has been a tendency to recover and investment commentators forecast a sharp rally when the news from the south Pacific improves.
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Bibliographic details
Gisborne Herald, Volume LXIX, Issue 20678, 31 January 1942, Page 6
Word Count
94SLUGGISH TONE Gisborne Herald, Volume LXIX, Issue 20678, 31 January 1942, Page 6
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