Financiers Upset By Threats Of War
(Received 11 a.m.) LONDON, January 24. Apart from' the Berlin Bourse, which is firm, the European stock markets are depressed owing to the fears concerning international situation. The Dutch and Swiss Bourses are especially weak. Wall Street’s nervousness is another factor, to which is added the news of fresh military preparations in Germany and fears of new German economic measures. The Paris Bourse yesterday closed at the lowest point of the day, and the London stock recorded the sharpest falls in all sections since the September crisis, although it rallied slightly' at the close. Heavy Selling in N^wYork. Stocks lost one to ten points and market values dropped nearly 2,000,000,000 dollars today in the most active trading of the year on the New York stock exchange. Nearly 2.000,000 shares changed hands.
Foreign developments, such ,ns the repercussions from the dismissal of Dr. Schacht, the Spanish situation, and rumours of Italian mobilisation were held to be responsible.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/NA19390125.2.37
Bibliographic details
Northern Advocate, 25 January 1939, Page 5
Word Count
162Financiers Upset By Threats Of War Northern Advocate, 25 January 1939, Page 5
Using This Item
NZME is the copyright owner for the Northern Advocate. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons New Zealand BY-NC-SA licence . This newspaper is not available for commercial use without the consent of NZME. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Log in