INVESTMENT BOOM IN BRITAIN
GREAT WAVE OF SPECULATION By Telegraph—Press Association—Copyright London, November 3. The "Daily Express" says (he financial boom '711 the cily grows daily. Such a wave of speculation has not been known for many years. New issues advertised to-day lolal fourteen millions. Most of the new capital is required for new undertakings. There is no difficulty in getting money. Apparently wealth made and saved during the war is finding an outlet. Brokers are having an extremely prosperous time.—Aus.-N.Z. Cable Assn. (Eec. November 5, 7.25 p.m.) London, November 3. Manchester messages report a wave of speculation in the Lancashire cotton industry. Syndicates are buying mills at high prices and floating companies, whoso shares soon reached a premium. Sixfigure fortunes have'been made, while hundreds have reaped .£IO.OOO from the boom.—Aus.-N.Z. Cable Assn.
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Dominion, Volume 13, Issue 36, 6 November 1919, Page 7
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133INVESTMENT BOOM IN BRITAIN Dominion, Volume 13, Issue 36, 6 November 1919, Page 7
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