STOCKS IN LONDON
ADVANCE HALTED NEW ZEALAND ISSUES BUSINESS MEN’S VIEWS • United Press Assn.—Elec. Tel. Copyright) (Received June 3, 12.30 pm.) LONDON, June 2 M. Molotoff's equivocal speech halted the market's advance but the reaction was very moderate, indicating strengthened confidence in both political and economic outlook. Sales of gild edged securities were quickly absorbed, New Zealand stocks, thanks to Mr Nash's arrival, registered a mid-week irregularity, but many city businessmen consider Mr Nash would be wise to borrow short while New Zealand's credit remains bad. industrials continue to rise on further evidences of expanding production. On the New York Stock Exchange tiie turnover of shares was 400,000.
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Waikato Times, Volume 124, Issue 20822, 5 June 1939, Page 7
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108STOCKS IN LONDON Waikato Times, Volume 124, Issue 20822, 5 June 1939, Page 7
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