LONDON STOCK EXCHANGE
A CONFIDENT FEELING (By Electric Telegraph—Copyright) (Australian & N.Z. Cable Association.) LONDON, June 19. Despite the prolongation of the coal dispute and the absence of any signs of an early settlement, the Stock Exchange maintains a confident feeling and firmness characterises most sections. Even home railway stocks, whose dividends may he affected, show only small declines in values and all giltedges are firmer. Notwithstanding conipetitipn of new issues, there have been several trustee stocks issued during the past fortnight, all of i which were rapidly over-subscribed. Their success may he regarded as an indication that there is plenty of money available for investment purposes. Prospects, therefore, are hopeful for the Commonwealth loan, which is expected early next: week. Nothing is ascertainable regarding the price, but as the recent New Zealand and Victorian fives, which were issued at 95.1, cow stand at premiums of 2 1-lfit.h and 5-Bth respectively? The Stock E change would not he surprised to see the Commonwealth price at 99.
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Nelson Evening Mail, Volume LXI, 21 June 1926, Page 5
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165LONDON STOCK EXCHANGE Nelson Evening Mail, Volume LXI, 21 June 1926, Page 5
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