Change Suggests Lessening Tension
(Received 2.30 p.m.) LONDON, April 21
Encouraged by a growing belief that international tension is waning, speculators have begun to reappear on the markets, but business is necessarily restricted owing to the approach of Budget day. Gilt-edged securities have shown some recovery from the worst levels of the week. Foreign bonds reflected a brighter feeling not only in London? but in the Continental capitals. Selling of gold shares has abated/ considerably. March trade returns, are inconclusive, but while exports .are slightly under last year’s level, a large ’number 'of exports show encouraging increases, quantities rising as values fall back as the result of price reductions.
The capital drift continues to .affect sterling.
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Northern Advocate, 22 April 1939, Page 7
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116Change Suggests Lessening Tension Northern Advocate, 22 April 1939, Page 7
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