RISING PRICES
STOCKS IN BRITAIN STEP TOWARD NORMAL NEW PRICES AWAITED BRADFORD MARKET (Elec. Tel. Copyright—United Press Assn.) (Reed. Oct. 23, 9 a.in.) .'LONDON, Oct. 21. with substantial rises in gilt-edged securities and the broadening of interest in industrials, the stock markets have taken a big step towards normal conditions. Financial r omintnlators consider the outlook* can be regarded confidently. The Anglo-French-Turkish pact has strengthened sentiment.
Industrials arc still somewhat sluggish and the going is uncertain due to the incidence of the excess profits tax.
Bradford is impatiently awaiting the schedule of new prices, as export yarns are moving freely in connection with pre-war contracts, but it is difficult to obtain permits for new business. The rationing scheme for civilian requirements begins in November. The industry will then be transferred to a full war basis.
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Bibliographic details
Gisborne Herald, Volume LXVI, Issue 20075, 23 October 1939, Page 10
Word Count
135RISING PRICES Gisborne Herald, Volume LXVI, Issue 20075, 23 October 1939, Page 10
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