MARKET STAGNATION
BRITISH TRADE REVIEW COPPER, PRICES FALL (E)nc. Tel. Copyright—United Press Assn.) (Reed. Dec. 5, 9 a.m.) LONDON, Dec. 3. Italian bellicosity against France overshadowed the close of the stock markets, counter-balancing the disposition to seek further profit from the victory of the French Premier, M. Daladier, against labour. Meanwhile, the situation throughout the week stagnated. Most of the commodity market prices are not expected to rise before Christmas. A bullish interpretation of the reimposition of the copper quota last week failed to prevent copper from leading in a sharp decline, placing the American export price at 80 cents below the domestic rate, which possibly may be undermined.
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Bibliographic details
Poverty Bay Herald, Volume LXV, Issue 19804, 5 December 1938, Page 14
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109MARKET STAGNATION Poverty Bay Herald, Volume LXV, Issue 19804, 5 December 1938, Page 14
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