REPARATIONS
FAVOURABLE LAUSANNE REPORT
EFFECT ON STOCK EXCHANGE
(British Official Wireless.)
RUGBY, June 18.
The report of favourable developments at Lausanne affected the London stock market during the week-end. Th e general tone has been firm. This particular influence caused a sharp rise in German loans yesterday, and the average rate of discount, at which three months Treasury bills were allotted yesterday constitutes a post-war record," the figures being as low as 16/0.65 per cent, per annum. No meetings are taking place at Lausanne to-day, or to-morrow, _ although there will be numerous private conversations.
Sir J. Simon has returned to Geneva from Lausanne, and he will probably •remain for some days, during which time, the Disarmament Conference, it is hoped, will’ register definite progress, helpful towards the general situation.
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Hokitika Guardian, 21 June 1932, Page 5
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129REPARATIONS Hokitika Guardian, 21 June 1932, Page 5
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