MONEY MARKET.
DECLINE IN SPECULATIVE SHARES. GJLT-EDGEDS INCREASE TO RECORD PRICE. tinted Prese Assn, by El. Tel. Copyright (Australian Ureas LONDON, Nov. IV. Conditions on the Stock Exchange dwring the past fortnight have been much the same as cabled at the beginning of the month. The shakeout in speculative saves has continued, and prices of these have generally declined. On the other hand gilt edges have gone from strength to strength, a feature being the record price of the 5 per cent, war loan, which touched £lOl 17s 6d ex dividend, which is equivalent to £lO4. Four per; cent.. consols and the ’3l per cent, conversion loan also "have been particularly good, and the buoyancy of these three stocks led to renewed talk of an early Government issue to. meet maturities, which are due in 1929.
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Bibliographic details
Gisborne Times, Volume LXVIII, Issue 10748, 20 November 1928, Page 2
Word Count
136MONEY MARKET. Gisborne Times, Volume LXVIII, Issue 10748, 20 November 1928, Page 2
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