THE STOCK EXCHANGE.
FORCED LIQUIDATIONS
(Press Assn.— By Telegraph— Copyright.)
(Received June 4, 2.60 p.m.) LONDON, June i,
The Stock Exchanga closed m a more cheerful condition. Canadian Pacific shares are active. Bears Tushed to cover. Uessaiu and Dutton, jobbers, were hammered, but their liabilities are not serious.
The Pall Mall Gazette says that the situation on the market is distinctly unpleasant. There are heavy forced liquidation's m certain directions, and credits ai-e being curtailed. The Victorian loan is on a different footing to the rest, as it is a redemption loan. The Victorian operation really aims at reducing debt.
The Westminster Gazette says the fact that a million was withheld makes the Victorian loan less formidable than it seems at first sight.
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Bibliographic details
Poverty Bay Herald, Volume XXXX, Issue 13092, 4 June 1913, Page 6
Word Count
123THE STOCK EXCHANGE. Poverty Bay Herald, Volume XXXX, Issue 13092, 4 June 1913, Page 6
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