GILT-EDGED SECURITIES.
RISE IN PRICES. z STOCK EXCHANGE MARKET. (British Official Wireless.) Received September 2, 11.45 a.m. RUGBY, Sept. 1. Tho rise in gilt-edged securities, which has been a notable feature of tho London Stock Exchange market since the Treasury’s announcement regarding tho forthcoming repayments of the 4} per cent, war loan and the 4} per cent. Treasury bonds, continued to-day. All opened at higher levels and improved further in the subsequent dealings. CLIMBING UPWARD SLOPE. STIMULATION OF CREDIT. BERLIN, Sept. 1. That both Britain and the United States are beginning to climb the upward slope of the normal business cycle is the opinion of the official German Bureaux of Business Research. “Former experience teaches us,” it says, “that evolution toward prosperity always begins with the stimulation of credit and Stock Exchange activities, while industry and the labour market are at first not influenced.” Tho report, however, discerns no signs of recovery in Germany, Austria, or Hungary owing to the consumption of favourable trade balances to repay debts.
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Manawatu Standard, Volume LII, Issue 234, 2 September 1932, Page 7
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168GILT-EDGED SECURITIES. Manawatu Standard, Volume LII, Issue 234, 2 September 1932, Page 7
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