LIFT IN LONDON
Strike May End (N.Z.P.A -Reuter—Copyright) , LONDON, June 24., London stock markets have: given a mixed display during the last week, but the undertone has been satisfactory, and there was a distinct im-i provement at the end of the week on rising hopes of a I settlement of the seamen’s i strike after the talks that started on Thursday. Leading industrials moved irregularly and generally within narrow limits, more; interest was given to the sec-J ond rank issues, particularly those affected by company; news and bids, either actual' or prospective. Shortage of stock continued I as a major factor in markets.' Selling of gilt edged securi-; ties reflected the shortage in; the money market and the' (fact that the market was' forced to borrow from the i Bank of England at the penal Irate. However, the tone im;proved at the end of the l week and, on balance, prices jwere only fractionally easier.
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Press, Volume CVI, Issue 31096, 27 June 1966, Page 17
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155LIFT IN LONDON Press, Volume CVI, Issue 31096, 27 June 1966, Page 17
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