THOUGHTS FOR THE TIMES.
FALL IN SHARE VALUES. It is no exaggeration to say thal the depreciation of stocks held , bj New Zealand investors within the last nine months amounts to several millions sterling. lift many cases, notably the banks, tke * position.-will right itself later on, but meantime Ik is! a courageous, not to say sanguine, investor who will toe the line with real cash to .purchase stocks that shotv no sign so far of stability. ,The uncertainty which is , allwayf such a. disturbing factor ’in Stock Exchange badness has .been! accentuated in New Zealand, as well as in Australia, by the efforts of the respective Governments to collect more money by way of taxation in order to make up shortages in public revenue. —Auckland Star.
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Hokitika Guardian, 9 August 1930, Page 4
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126THOUGHTS FOR THE TIMES. Hokitika Guardian, 9 August 1930, Page 4
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