STOCK EXCHANGE STUNNED
LOSS OF TWO BATTLESHIPS WORST OF W ARS SETBACKS (Recd. 8.30 p.m. » London. Dec. IU. The Daily Express City Editor says the news of the sinking of the Prinrr of Waifs and the pulse stunned the Stock Exchange on which was recorded a “pajH*: io*s of many millions sterling. The Exchange -uttered one of the war’s uorst setbacks, although a laterally part.ally restored many prices. Japanese bond- .umbivd a further 2 or 3 points ami tner® were al«> steep falls in tin. ruhhei tea and oil. The \ strong, because t!> • .- * prolonged rise in recent month.*. Nev York. Dec. 10. Stocks on Exchange developed a steadier tone to-day and closed no worse than ir ■ gulai after a day in which a new -low' n prices was registered in most sections. Bond prices had another weak day. all foreign issues being marked down. Australian Government i.*-ues wore heavily depreciated.
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Bibliographic details
Wanganui Chronicle, Volume 85, Issue 293, 12 December 1941, Page 5
Word Count
150STOCK EXCHANGE STUNNED Wanganui Chronicle, Volume 85, Issue 293, 12 December 1941, Page 5
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