Offers; Market Alert London, Sept. 13
With the eyes and ears of the whole world turned towards Nuremberg, it was not surprising that general activity in the City considerably slowed down today.
Markets generally were awaiting the next major development in the international political arena with the utmost calm.
On the Stock Exchange, dealers were having to contend with a certain amount of Continental liquidation of gilt-edged and gold-mining favourites. Other sections, however, were holding fully steady, apart from minor recessions reflecting the absence of any business.
The commodity markets adopted a similar phlegmatic attitude, although the extent to which markets were dependent upon the present international Rubber Regulation Committee, at which the quota for the last quarter of 1938 would be decided, was only of secondary interest.
No Gold Buying Interest Rather more tangible evidence of the existing tension was provided by the bullion market where, at the fixing of the gold price, there was a complete absence of buying interest, which" necessitated the authorities taking up all-offerings. autogiro school at Wright Field, regular autogiro squadron Well-informed circles interpreted the absence of buying and the somewhat heavy selling of gold as reflecting fears, especially among Continental holders, that, in the event of
Text read from the printed page and cleaned; old type leaves the occasional error.