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GOVERNMENT STOCKS

PRICES MARKED DOWN

PRECAUTIONS ON CHANGE

(Received" 27th November, 11 a.m.)' LONDON, 26th November. The Stock Exchange is not alarmed at Mr. Shaw's statement in the House of Commons. It considers that the Government would only attempt to reduce th 6] interest rate by legitimate means, such as voluntary conversions. The prices of practically all Government stocks opened lower, being as a precaution marked down to prevent sales by nervous holders. The 5 per cent. War Loan, to which it is obvious Mr. Shaw referred, fell 3-16 to 99J..

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/EP19291127.2.74.2

Bibliographic details

Evening Post, Volume CVIII, Issue 129, 27 November 1929, Page 11

Word Count
91

GOVERNMENT STOCKS Evening Post, Volume CVIII, Issue 129, 27 November 1929, Page 11

GOVERNMENT STOCKS Evening Post, Volume CVIII, Issue 129, 27 November 1929, Page 11

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