FLUCTUATION IN STOCK VALUES.

Hawera & Normanby Star, Volume LXXVII, Issue LXXVII, 2 January 1918, Page 5

FLUCTUATION IN STOCK VALUES.

BY CABLB—PRBSS ASSOCIATION— OOPXTUGHT.

(Australian-N.Z. Cable Association.) LONDON, Dec. 30. " The Bankers' Magazine shows that the values on the Stock Exchange of 387 representative etoeks have decreased by £771,000,000 equal to 23 per cent., since the outbreak of war. The depreciation in 1917 amounted to £159,000,000, being entirely due to the decline in American railroad securities, amounting to £160,----000,000, wherefor America's flotation

of a 1,000,000,000 dollars of war loans was mainly responsible. Many British commercial securities appreciated large--Ily in 1917, especially breweries, canals, and docks, also shipping, insurance, and banks. British Indian funds moved downwards. Colonial stocks slightly improved.