The London Stock Exchange Slump
A Veritable" Freeze"
It ia many years binco tho London Stock Exohange oxperieueod such a depression of business as that through which it has been passing for over a twjlvomonth. Not evon during tho darkest days of tho Boer War was thoro such n " froezo." Tho most pitiablo stories are current of tho absoluto povorty of many men on tho 'Charigo. This spring 200 mombers have had their annual subscriptions 'paid for them by thoir bottor-to-do fellow brokors. Tho clerionl stall's of tho Stock Exchange men have been reduced, and in the better suburbs of London, whero the stockbrokers mostly reside, there are complaints on every hand of reduced establishments. This sad condition of affairs is largely due to the rash speculations of a fow years ago. The Wosi Australian gamble and the Cnpognuiblo liavo left their murk,
Immigrants for Suva Suva, this day Arrived: Ems, from Calcutta, 121 days out, She has 62G immigrants aboard, all well,
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https://paperspast.natlib.govt.nz/newspapers/WHDT19040801.2.16
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Waihi Daily Telegraph, Volume IV, Issue 1055, 1 August 1904, Page 2
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163The London Stock Exchange Slump Waihi Daily Telegraph, Volume IV, Issue 1055, 1 August 1904, Page 2
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