FINANCIAL ACTIVITY IN LONDON
EXTRAORDINARY RUSH FOR NEW CAPITAL. London, December 1. Tho extraordinary rush for the creation of new capital is one of the most striking features in the revival of financial activity. The flotations during the last mouth exceed .£37,000.000. New eamtal subscribed during the vear undoubtedly exceeds J62C0,000,000. Most of the n*w issues are over-subscribed. It is interesting to note that to-dav'ti issue, alone totalling „£,),000,000, coincides with the distribution of .£5.000.000 in dividends from the War Loans. It is-'important to remember that, owing to the complete interruption of the progress of ordinary private enterprise during wartime, it was inevitable that the removnl of the Government restrictions on capital issues would result in a rush to obtain capitaL —Aus.-N.Z. Cable Assn.
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Dominion, Volume 13, Issue 62, 6 December 1919, Page 11
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124FINANCIAL ACTIVITY IN LONDON Dominion, Volume 13, Issue 62, 6 December 1919, Page 11
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