THE LONDON MONEY MARKET.
OAUBBS OF DEPRESSION. Per Press Association. I Received 13, 9.52 a.m. London, Septt mber 12. The flatness of Consols is chiefly due to dear money, caused by unvieldry bull accounts, particularly that of purchasers who borrowed anticipating a rise *t the end r f tbe Botr War. The Financial K 'ews refuses to join the pessimists, beli»vng ti at ibe depression is ibe result of a combination of circumstarces that cannot endure, ■nd that the only permanent elements against Consols are reduced 'nterrs*, tbe larger cu'standing bulk if National debt, and the area cf trustee in ves.ments.
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Taranaki Daily News, Volume XXXXV, Issue 204, 14 September 1903, Page 3
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101THE LONDON MONEY MARKET. Taranaki Daily News, Volume XXXXV, Issue 204, 14 September 1903, Page 3
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