THE MONEY MARKET.
EFFECT OF THE CHINESE LOAN. [By Electric Teleckapet—Copyright [United Press Association.] St. Petersburg, June 4. High financial authorities consider that the Chinese loan is a perturbing factor in the world’s money market. Its atractiveness has lowered all international Securities. Greater stringency will I)e felt when the Balkan crisis is ended, as the belligerents will require a hundred million sterling to make good the wear and tear of the war.
BOURSES RECOVERING. London, June 4. Hammerer and Co.’s commitments are estimated at three-quarters Of a million. Monday’s slump is considered to be duo to the hasty acceptance of foundationless stories, aided by the nervousness of heavily-laden underwriting operations. Canadian-Pacific stocks and the Continental Bourses are recovering.
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Stratford Evening Post, Volume XXXVI, Issue 26, 5 June 1913, Page 5
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118THE MONEY MARKET. Stratford Evening Post, Volume XXXVI, Issue 26, 5 June 1913, Page 5
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