The Stock Exchange Barometer
( EXPECTING LANG’S DEFEAT.
SUBSTANTIAL GAINS ALL
ROUND
Received Sunday, 10.50 p.m. SYDNEY, June 5
Stock Exchange habitues consider that the delicate barometer furnished by the run of market prices indicates substantial gains by the anti-Labour parties next Saturday. The buying in all investment securities continued unabated yesterday and though the prices of some leading stocks steadied, the movements were still upward. Indications of profit-taking, which were naturally heavy after a week of steadily improving prices, were given in many sales for scrip delivery from New Zealand. Dominion holders have been attracted by the rise in prices and the week’s business was unusually active. Capital accretions are estimated at several millions. Some Government loans advanced over £3, and better class industrials averaged gains of two shillings per share.
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Bibliographic details
Horowhenua Chronicle, 6 June 1932, Page 3
Word Count
131The Stock Exchange Barometer Horowhenua Chronicle, 6 June 1932, Page 3
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