STOCKS IN LONDON
AN IRREGULAR MARKET GOOD BUYING OF COMMODITY SHARES. NEW RECORD IN NOTE ISSUE. By Telegraph—Press Association —Copyright. (Received This Day, 11.30 a.m.) LONDON. August 4. Movements on the stock market are irregular, renewed international anxiety outweighing inflationary sentiment. There has been good buying of commodity shares. The continued fall in unemployment, and new record in the note issue! a seasonal improvement in provincial bank clearings and a sharp increase in beer consumption are among the latest additions to the constantly accumulating evidence of a rising trend of industrial activity. Banking circles are not prepared to read any inflationary tendencies in the growing public demand for currency, ascribing the new all-time record to rising employment, the calling up of the militia, the mobilisation of the Reserve Fleet and widespread holidays vzith pay. It is believed that the early launching of a Defence loan is not contemplated.
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Wairarapa Times-Age, 5 August 1939, Page 8
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148STOCKS IN LONDON Wairarapa Times-Age, 5 August 1939, Page 8
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