SHARP DECLINE
British Investor's Turning to America STOCKS AT BARGAIN PRICES (Received 17, 9.50 a.m.) LONDON, Sept. 16. The sharp fall on the Stock Excbange has to some extent been chscked, but tlie markets are hesitant and dealers are cautious. One explanation of the declino is that large operators are discarding British industrials in order to obtain American stocks, which are considered to be at bargain levels. Consequently, thove is greater scope for appreciation. A Paris message says that the rush to sell the francs is so groat that the authoritios liavo withdrawn from tho inarkot. They are convinccd that ilicy aro faced with a wcll organisod drive whicli it would bo i'ulilc to countor attack al present.
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https://paperspast.natlib.govt.nz/newspapers/HBHETR19370917.2.56.6
Bibliographic details
Hawke's Bay Herald-Tribune, Issue 207, 17 September 1937, Page 5
Word Count
118SHARP DECLINE Hawke's Bay Herald-Tribune, Issue 207, 17 September 1937, Page 5
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