INCREASING ACTIVITY
INDUSTRY -IN BRITAIN SIGNS OF IMPROVEMENT FEWER UNEMPLOYED (Eire. Tel. Copyright—United Press Assn.) tßecd. Aug. 5,2 p.m.) LONDON, Aug. 4. Movements on the stock market were irregular, renewed international anxiety outweighing the inflationary sentiment. There has ’been good buying of commodity -base d 1 shares. The continued fall in unemployment, the new record’ in the note issue, the improvement in provincial bank clearings, and the sharp increase in beer consumption are among the latest additions to the constantly accumulating evidence of the rising trend of industrial activity. Banking circles .are not prepared to read any inflationary tendencies in the growing public demand for currency, ascribing the new ali-limc record to rising employment, the calling up of militia, the mobilisation of the reserve fleet, and the widespread holidays with pay. It is believed .that the early launching of a defence loan is not contemplated.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/GISH19390807.2.121
Bibliographic details
Gisborne Herald, Volume LXVI, Issue 20009, 7 August 1939, Page 7
Word Count
145INCREASING ACTIVITY Gisborne Herald, Volume LXVI, Issue 20009, 7 August 1939, Page 7
Using This Item
The Gisborne Herald Company is the copyright owner for the Gisborne Herald. 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 the Gisborne Herald Company. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Log in