STOCK EXCHANGE
HALT IN THE RALLY EFFECT OF POLITICAL PROSPECTS LESS FAVOURABLE VIEW (United Press Assn.—Elec. Tel. Copyright) (Received Feb. 18, 11.30 p.m.) LONDON. Feb. 17 77ie reactions of the Stock Exchange late last week continued, and prices yielded in most sections, through the turnover was small. The uncertainty over the credit position and the near approach of the Budget are blamed for the halting of the rally, but a less favourable view is also taken of the political prospects. Following Sir John Simon’s speech gilt-edged stocks fell back in an orderly manner, with the selling absorbed at lower levels. Colonial stocks are fairlv firm. European bonds continue to reflect the more hopeful outlook. No uniform trend is observable in the commodity markets, where the turnover is restricted. Wool met with a firm demand.
TURNOVER IN NEW YORK A TOTAL OF £680,000 (United preM Assn.—Elec. Tel. Copyrights (Received Feb. 18. 12 p.m.) NEW YORK. Feb. 17 The turnover on the Stock Exchange was £680,000. SALES AT AUCKLAND (By Telegrapu.—Press Association) AUCKLAND, Saturday Sales recorded on the Stock Exv to-day were as follows: New Zealand Insurance, 53s 6d. Dominion Breweries, 31s. Mt. Morgan Mine, Its id. Placer Development, 775. Inscribed Stock, 15/4/46-49, 4 p.c., £99 15s.
Unlisted
AVoolworths Properties, 26s 3d.
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https://paperspast.natlib.govt.nz/newspapers/WT19390218.2.34
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Waikato Times, Volume 124, Issue 20734, 18 February 1939, Page 7
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210STOCK EXCHANGE Waikato Times, Volume 124, Issue 20734, 18 February 1939, Page 7
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