STOCKS AND THE WAR.
(Elec. Tel. Copyright-rUn^t-d Press *■■•■ (Australian and N.Z." Cable Association.) LONDON,; January I.' The. Bankers' Magazine says the values on the Stock Exchange of 387 representative stocks have decreased by £771,---000,000 (equal to 23 per cent.) since the outbreak of the war. The depreciation iii 1917 amounted to _3158,000,000, entirely due to the deeline of American railroad securities, amounting- '-ito- £160,---000,000, '.or which America's flotation of :& thousand million in war loans was mainly, responsible. Many British commercial securities have-appreciated largely in 1917, especially breweries, canals, docks and also shipping insurances. Banks ' and , British Indian funds ha' ■moved downw^ds. . . Colonial .stocks hf slightly improved'. "' ' ' ' | . mmmmmmmmmmmmmimmmmmmm
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Bibliographic details
Poverty Bay Herald, Volume XLV, Issue 14492, 2 January 1918, Page 3
Word Count
107STOCKS AND THE WAR. Poverty Bay Herald, Volume XLV, Issue 14492, 2 January 1918, Page 3
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