QUIET CONFIDENCE
BRITISH SHARE MARKET. INVESTORS TIRED OF CRISIS. FRENCH FRANC PROBLEM. (United Press Association—By Electric Telegraph—Copyright.) Received April 13, 8.5 a.m. LONDON, April 11. The stock markets finished for the holidays; quietly confident. Speculative interest was naturally restricted,, but last week’s indications that the market was shedding its political anxiety were broadly confirmed. Investors seem tired of the international crisis, about which the city argues so endlessly, and have ceased to allow reports to upset tlie beliet oi a continuance ot the domestic revival. Whether the latest news from Geneva will lead to selling after the holidays remains to be seen. The most interesting feature of recent weeks has been tue rapidity with which investors have been snapping up new issues in contrast with a snort time, ago, when the market was overloaded. Underwriters have now little to fear. The yields of most industrial issues are at present so small that investors are keen to .find more attractive propositions. Gilt-edged securities have remained consistently firm. The French franc remains the urgent problem. The increased ('ate has proved a failure and the selling pressure continues. The French Treasury is seeking to negotiate a loan in Amsterdam.
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Bibliographic details
Manawatu Standard, Volume LVI, Issue 112, 13 April 1936, Page 7
Word Count
196QUIET CONFIDENCE Manawatu Standard, Volume LVI, Issue 112, 13 April 1936, Page 7
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