THE LONDON MARKETS
COMMODITY PRICES STEADY GREATER INQUIRY EXPECTED LONDON, Dec. 25. (Received Dec. 26, at 10 p.m.) In view of the four-day holiday and the New Year break, stock markets conformed to conventional Christmastide ideas, being worsened, if anything, by minor Cabinet dissentions ,and technical drawbacks. M. Daladier's good Budget majorities, which allayed French nervousness, are steadying influences. Commodity prices are steady. They are mostly slightly advanced, and the tendency is somewhat more hopeful in anticipation of a greater inquiry in the New Year, which is expected to see a return of Continental buyers. Butter has been firmer throughout the week, but it is difficult to forecast the immediate future, as the weather conditions may alter the possibility of lower prices due to fairly heavy New Zealand and Australian arrivals.
Cheese is quiet, with a firm undertone for New Zealand.
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Otago Daily Times, Issue 23692, 27 December 1938, Page 9
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141THE LONDON MARKETS Otago Daily Times, Issue 23692, 27 December 1938, Page 9
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