LONDON MARKETS SHOW SIGNS OF IMPROVEMENT
Commercial
(Received 10 a.m.) LONDON, June 19. The markets, at v last, have begun to show signs of the long-awaited improvement, The immediate outlook is viewed with decidedly more hopeful-
ness. Considerable numbers of responsible city men take even a brighter view of the long-term trend. They regard the present slump as irrational, due to groundless fears. The stock markets are quiet and erratic, the most notable feature being the sharp rise in rubber at the end of the week. Many dealers believe prices have touched bottom, and United States consumption figures are regarded as good. Metal Markets Thin. The metal-markets are thin and dependent upon United States developments, but tin has remained remarkably steady. The Imperial Conference has not affected the markets. Though stabilisation —in which the city is most interested —was discussed, the conference gave no hope for lead. Opinion as to the desirability of stabilisation is believed to be divided within, as it is outside, the conference.
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Northern Advocate, 21 June 1937, Page 10
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166LONDON MARKETS SHOW SIGNS OF IMPROVEMENT Northern Advocate, 21 June 1937, Page 10
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