BRITISH STOCKMARKETS
FURTHER FALLS, BIT NO PANIC (Recd. 8.20 p.m ! London. Dec. 9 The Daily Express City Editor says, that second thoughts on the new wailed to a further general fall in the stockmarkets. There is still no sign of panicky selling hut with buyers holding off the small sales have been enough to put down values sharply. Heaviest falls were in tin oil, rubber and Far East enterprises. For example, two days' fall knocked off £14,000.000 from the market valuation of British-American Tobacco. Shell Oil went dow n £15,000,000 and Burma Oil £8.000.000. New York, Dec. 8 The war with Japan sharply affected trading on Lfiange to-day. It was orderly but declines of from two to four points ruled among standard industrial issues. The turnover in stocks went well over 2,000.000 shares for the first time since November 7. 1940. Bonds were lower in all sections. Australian Government issues j declined irregulat /
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Bibliographic details
Wanganui Chronicle, Volume 85, Issue 292, 11 December 1941, Page 5
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153BRITISH STOCKMARKETS Wanganui Chronicle, Volume 85, Issue 292, 11 December 1941, Page 5
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