MARKETS PARALYSED
POLITICAL APPREHENSION. ERRATIC MOVEMENTS. Received March 25, 11.45 a.nr. LONDON, March 24. Tlio growing political apprehension has paralysed the markets this week. Quotations jumped erratically _ under the influence of alternate optimism and pessimism regarding the immediate international prospects, but, as business has been reduced to negligible proportions, price movements must ho described as unreal and the inero reflections of dealers’ estimates and public reaction to newspaper headlines. Commodity prices are steadier. The strain on sterling has been offset by heavy gold dealings, shipments to New York totalling £14,700,000 in the week.
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Bibliographic details
Manawatu Standard, Volume LIX, Issue 98, 25 March 1939, Page 9
Word Count
93MARKETS PARALYSED Manawatu Standard, Volume LIX, Issue 98, 25 March 1939, Page 9
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