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BETTER TONE IN LONDON FALL IN SOME COMMODITIES .tied Press Assn. — Elec. Tel. Copyright (Received April 2. 11.20 a.m.) LONDON, April 1 The resiliency of the revenue, A*ith the implication that there will aot be a big increase In taxation in the loming year, combined with reports friat an Anglo-Italian agreement is frnminent, contributed to better feelhg In the city, notably in gilt-edged lecurities. Most other sections of the market were stronger, but the recovery only partial compared with the deBlnes of the past fortnight. The Economist says that American fofluences are almost wholly responsple for the continued fall in commodities. Copper, tin, rubber and silver lave all touched new low levels. Fiough there has been some recovery Vom the worst position. SALES AT AUCKLAND (By Telegraph.— Press Association) AUCKLAND. Saturday •At-.s following sales were recorded •n the 51 la; Oornmer.-ial Bank. 1 *;* id New* Zealand Insurance 59s 6d. Auckland Gas. £1 Os 2d. Woolwortha ,Sydney,, 2 ls 3d and lit id. ,
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Bibliographic details
Waikato Times, Volume 122, Issue 20464, 2 April 1938, Page 7
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164STOCK EXCHANGE Waikato Times, Volume 122, Issue 20464, 2 April 1938, Page 7
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