LONDON MARKETS
INTERNATIONAL SITUATION IGNORED BY INVESTORS LONDON, Sept. 6 An interesting example of how the City regards the Spanish situation is provided by the behaviour of Spanish 4 per cent bonds, which rose sharply on the fall of Irun, operators apparently regarding this as a ' bull P °The Investors' Chronicle expresses the view that a dictatorship in some form is now inevitable in Spam, it savs that those who have financial interests there prefer the dictatorship of the Right, but adds a war.ung that that dictatorship may adversely affect British interests in the Mediterranean. The international situation, however, tended to be ignored by investors, this week. Even the grave reports Irom Palestine did not affect firmness of gilt-edged stocks, the City taking view that the Government has the situation well in hand. Industrial shares generally were turn. The holiday influence was felt to tne full in. the commodity markets.
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New Zealand Herald, Volume LXXIII, Issue 22518, 8 September 1936, Page 5
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150LONDON MARKETS New Zealand Herald, Volume LXXIII, Issue 22518, 8 September 1936, Page 5
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