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BUSINESS ON 'CHANGE

WAVE OF BUYING

RISE IN BOND PRICES

(Received October 1, U1.40a.rn.) LONDON, September 30. ; Business on the London Stock n Exchange started half an tour earlier than the usual time. A wave of buying liftcjd prices to levels ruling before the crisis. The 3£ per cent, war loan is now quoted at £102. German 7 per cent, bonds were up nine points, and Czech 8 per cent bonds rose by eight points. Industrial shares are on. a strong market, and gold mines especially active. I (British Official Wireless.) ;. (Received October 1, noon.) I -i RUGBY, September 30. The relief in the City- caijised by the Munich agreement is reflected in the expansion of business on. the Stock Exchange, and despite big rises in : stock and share values wihich occurred yesterday there were further remarkable advances, and the price tendency remains buoyant. ! British funds in particular are (strong, with advances of from 1 to 2£j I points. I The 3J per cent war loan is now! firm at £101 10s. j Foreign bonds, particularly German j and Austrian issues, which had fallen! to exceptionally low levels, havei registered very big advances.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/EP19381001.2.45.3

Bibliographic details

Evening Post, Volume CXXVI, Issue 80, 1 October 1938, Page 9

Word Count
193

BUSINESS ON 'CHANGE Evening Post, Volume CXXVI, Issue 80, 1 October 1938, Page 9

BUSINESS ON 'CHANGE Evening Post, Volume CXXVI, Issue 80, 1 October 1938, Page 9

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