CONFIDENT INVESTORS
LONDON STOCK EXCHANGE GAINS IN SECURITIES (United Tress Assn.—Klee. Tel. CopyrUrnt) LONDON. Oct. 16 As reflected on the Stock Exchange in the movements of both gilt-edged securities and better-class equities, the confidence of the British people has been entirely unaffected by the events of the past week, which included the intensive bombing of London and developments in southeastern Europe and the Far East, which, on a short view, might be regarded as unfavourable. Gilt-edged securities during the week registered gains, and last night old 3A per cent War Loan closed at £lO2 15s, while there were rises of one-quarter to one-half point in most long-term issues. The industrial index last week rose to 66.2—a gain of 1.3 points on the preceding week’s level. This had a counterpart in the money market, the feature of which was an abundance of credit. Discount, short loan and interest rates are unchanged.
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Waikato Times, Volume 127, Issue 21247, 18 October 1940, Page 7
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150CONFIDENT INVESTORS Waikato Times, Volume 127, Issue 21247, 18 October 1940, Page 7
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