LONDON MARKETS.
UNCERTAIN OUTLOOK. LONDON, Nov. 20. The week, which opened poorly owing to disappointment with President Roosevelt’s speech, has gone from bad to worse, though the Government is trying hard to stimulate reluctant investors with sunshine talk. It is becoming increasingly clear that the future depends on the United States, but thus far Mr Roosevelt has merely raised criticism • right and left alike, The week’s one bull point comes from Brazil, which has decided to pay • current interest.. Investors, however, want to know how much they can expect in the future. Gilt-edged securities have proved vulnerable, though the weakness may have been partly due to the underwriting of the Commonwealth conversion.
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https://paperspast.natlib.govt.nz/newspapers/MS19371122.2.32.2
Bibliographic details
Manawatu Standard, Volume LVII, Issue 303, 22 November 1937, Page 4
Word Count
112LONDON MARKETS. Manawatu Standard, Volume LVII, Issue 303, 22 November 1937, Page 4
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