STOCK EXCHANGES
"IMPORTANT OMISSIONS"
(By Telegrapb—Press Association.)
AUCKLAND, This Day
Two important omissions from Mr. Nash's statement, said Mr. G. R. Buttle, chairman of the Auckland Stock Exchange, were, firstly, that no assurance was givenxthat the measures taken were to meet an emergency and would be purely temporary, and secondly, that nothing was said about the Government's activities which had contributed to the situation or whether or not they were to be curtailed. No official statement had been made regarding the effect of the measures on Stock Exchange business.
It appeared, however, that funds for buying overseas securities might not be available. New Zealand had been a large buyer of Australian securities and there was regulai business in these shares on the Auckland Stock Exchange. /
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https://paperspast.natlib.govt.nz/newspapers/EP19381207.2.112.3
Bibliographic details
Evening Post, Volume CXXVI, Issue 137, 7 December 1938, Page 15
Word Count
125STOCK EXCHANGES Evening Post, Volume CXXVI, Issue 137, 7 December 1938, Page 15
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