STOCKS IN LONDON.
DISTURBING INFLUENCES. MINING THE BRIGHT FEATURE. United Press Assn.—Elec. Tel. Copyright(Received Nov. 28, 9.30 a.m.) LONDON, Nov. 27. Under the disturbing influence of the uncertainty regarding war debts and the weakness of sterling, there has been a reaction in the gilt-edged section of the Stock Exchange. Prices generally have been marked down, chiefly as a precaution, for there has been no heavy selling. Other stocks have declined in sympathy with gilt-edgeds, and dullness has “reigned throughout most of the markets. The only bright spot is the mining market, where the rise in the price of gold to the record high level of £6 7s lid per ounce naturally had a stimulating effeot. There has been keen bying, especially of West Africans, Kaffirs, and West Australian shares, several of thfk last-named showing considerable rises. Reports from the industrial oentres of the United Kingdom on the whole are encouraging.
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Waikato Times, Volume 112, Issue 18804, 28 November 1932, Page 7
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150STOCKS IN LONDON. Waikato Times, Volume 112, Issue 18804, 28 November 1932, Page 7
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