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STOCK EXCHANGE DULL.

BUDGET APPREHENSIONS. ;(United Press Association—By Electric Telegraph—Copyright). LONDON, Feo. 23. The Stock Exchange is in a state of dullness and hesitancy. Not even the •atisfactory Hatry Group settlement, which passed off without any casualties, a strong bank return and favourable monetary conditions have proved sufficient to overcome the prevalent dullness. The most disappointing section of the market is industrials, hut giltedged securities have also been depressed, and English railways failed to respond to the announcement of satisfactory dividends. Apparently much of the depression is due to apprehensions regarding the Budget, and it seems likely that dull conditions will remain until Mr Snowden makes his announcement on April 14.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/MS19300225.2.85

Bibliographic details

Manawatu Standard, Volume L, Issue 76, 25 February 1930, Page 8

Word Count
111

STOCK EXCHANGE DULL. Manawatu Standard, Volume L, Issue 76, 25 February 1930, Page 8

STOCK EXCHANGE DULL. Manawatu Standard, Volume L, Issue 76, 25 February 1930, Page 8