The Archive · 1939

Yesterday's Business

Encouraged by the better political outlook the market ruled firm though the volume of business transacted remained small Investment demand continued to be attracted towards Trams at 39 while Wharves were wanted at 197. New Engines were steady and practically unchanged at 7.85 but Docks were a fraction easier on some disappointment at the interim dividend of $4 Telephones were quieter at 99 after their recent spectacular rise. Ewos moved rather narrowly, finishing with buyers at The debenture market was on the soft side with Power 53s in fair supply at 88.

"The rubber section had a firm under tone but with buyers' and sellers' ideas far apart very little business was transacted.

Text read from the printed page and cleaned; old type leaves the occasional error.

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