OCR Text |
Show MONEY IN STRONGER DEMAND IN LONDON LONDON, Dec. 21. Money was in stronger demand today. Discounts were nrm. The stock market developed a decidedly more cheerful tendency today, the premier's pre-mier's speech of Thursday evening creating cre-ating a good impression. The cessation of consol selling and occasional repurchases repur-chases caused improvements in gilt-edged gilt-edged securities. Oil shares were the strongest feature. Shipping shares maintained main-tained their levels and business broadened broad-ened in rubber, iron and steel shares. In view of the prolonged holiday season, however, transactions were moderate. |