London ’Change Closed Indefinitely
(Received 11.30 a.m.) LONDON, September 4. The London Stock Exchange will remain closed until further notice. The committee has made temporary regulations fixing minimum prices for certain securities. All bargains made must be for cash.
The gold exchange market, and the Liverpool corn market, were closed today, owing to the closing of the banks. The rubber market is closed until Thursday, and the metal exchange will reopen on Wednesday. The Baltic Exchange has announced that under the food control orders, trading in cereal products for private account is prohibited. Bradford reports that the transactions in wool tops are temporarily prohibited, but eventually private business will be permitted on a maximum price basis.
Business in yarns for the home trade is permitted. There is a moderate inquiry, and prices are very firm at late rates.
The Paris Bourse has reopened, and the franc is steady.
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https://paperspast.natlib.govt.nz/newspapers/NA19390905.2.110
Bibliographic details
Northern Advocate, 5 September 1939, Page 10
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148London ’Change Closed Indefinitely Northern Advocate, 5 September 1939, Page 10
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