DEPRESSED SECURITY MARKET
LONDON, 22nd February.
The Stock Exchange is in a state .of dullness and hesitancy. Not even the satisfactory Ha'try group settlement, which passed off without any casualties, a strong bank return and favourable monetary conditions have proved sufficient to overcome the prevalent dullness. The most disappointing section of the market is industrials, but gilt-edged securties have also' been depressed, and English railways failed to respond to the announcement, of satisfactory dividends. Apparently much of the depression is due to apprehensions regarding the Budget, and it!seems, likely that dull conditions will remain till Mr. Snowden makes his announcement on 14th April.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/EP19300224.2.139.7
Bibliographic details
Evening Post, Volume CIX, Issue 46, 24 February 1930, Page 12
Word Count
103DEPRESSED SECURITY MARKET Evening Post, Volume CIX, Issue 46, 24 February 1930, Page 12
Using This Item
Stuff Ltd is the copyright owner for the Evening Post. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International licence (CC BY-NC-SA 4.0). This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Log in