DEPRESSING WEEK
London Share Prices Fall (Special Crspdt. NZPA) LONDON, July 14. The British Stock Exchange has had a depressing week, j with share prices continuing; to drop. At mid-day today the “Fin-' ancial Tinies” share index' had dropped another 2.7 points on yesterday’s figure,; and stood at 351.5. On June 30 the index stood at 371.7, so there has been a 20 point drop in 13 days. An important factor in this week’s statistics has been the: tightening of the credit screw and the Government’s refusal to allow bank to lend companies money to meet pay roll tax expenses.
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Press, Volume CVI, Issue 31112, 15 July 1966, Page 16
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100DEPRESSING WEEK Press, Volume CVI, Issue 31112, 15 July 1966, Page 16
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