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BETTER TONE

LONDON FINANCIAL MARKETS. MORE FAVOURABLE VIEW OF U.S. SITUATION. (British Official Wireless.) (Received 9, 12.30 p.m.) Rugby, March 8. A better tone was revealed on London financial markets when the Stock Exchange opened. There was a decided improvement in sentiment, operators taking a more favourable view of the United States situation. More interest was shown in South African mining shares, which showed a small general advance. GOLD INFLOW. The purchase of gold amounting to £3,282,639, which was announced by the Bank of England, has raised the total inflow of gold into England since the beginning of the year to £4,1.17,991. Dealings on foreign exchange in the meantime have again been permitted in all currencies with the exception of the dollar.

On the Stock Exchange British funds gained l-Bth to 9-16th; War Loan is at 98}.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/HBTRIB19330309.2.66

Bibliographic details

Hawke's Bay Tribune, Volume XXIII, Issue 74, 9 March 1933, Page 7

Word Count
137

BETTER TONE Hawke's Bay Tribune, Volume XXIII, Issue 74, 9 March 1933, Page 7

BETTER TONE Hawke's Bay Tribune, Volume XXIII, Issue 74, 9 March 1933, Page 7

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