CLOSING OF EXCHANGE
PLANS OF COMMITTEE EVACUATION ORDERS (Reed. Aug. 31, 9 a.m.) LONDON, Aug. 30. The London Stock Exchange committee has announced that the exchange is closing immediately under Government orders for the evacuation of London. Banks and city businesses continue the emergency preparations. It had been reported earlier that it was understood that in the event of the evacuation of London being ordered the Stock Exchange would close. Brokers and others would not open their offices. The general view, however, was that the exchange would be closed for only a short period. It was pointed out that it was practically impossible to transfer the dealings en bloc elsewhere, due to the multiplicity of private telephones, tickers and lines to the big provincial centres linking up the London offices and the Stock Exchange.
Sterling is fluctuating. The stock markets opened cautiously and later showed increasing firmness. GHtedgeds gained upward of one point. Czech and Japanese bonds were better.
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Bibliographic details
Gisborne Herald, Volume LXVI, Issue 20030, 31 August 1939, Page 5
Word Count
159CLOSING OF EXCHANGE Gisborne Herald, Volume LXVI, Issue 20030, 31 August 1939, Page 5
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