STOCK EXCHANGE
LONDON BUSINESS STEADY.
(United Frees Association—By Electric , Telegraph—Copyright.)
LONDON, November 11. The Stock Exchange continues steady especially the gilt-edged, and industrial sections, for which the growing confidence in tlie domestic situation arising from the improvement in trade and the decrease in unemployment is largely responsible. The favourable statement regarding the financial position by the Chancellor of the Exchequer (Mr Neville Chamberlain) also had a good effect, the Stock Exchange < regarding it a.s an indication ; of the possibility of 6d being taken off income tax.
Dominion "stocks are maintaining the strong position recently attained but Indian loans declined sligUtly. Subscribers to this week’s Indian issue received about 50 per cent, of their applications, but, unlike recent large issues, dealing in this opened at a discount of about five-eighths. The new s of the closing of Kliyber Pass, and the possibility of trouble in A ghanistan is causing some uncertainty.
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Hokitika Guardian, 14 November 1933, Page 5
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150STOCK EXCHANGE Hokitika Guardian, 14 November 1933, Page 5
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