STOCK EXCHANGE
(Australian Press Association)
(Received this day at 0 a.m S’! ILNEY, Oct. 28
The Bank of New Zealand achieved the solitary gain of the day with, a rise of niutpence, which is an indication of the regard held here for Now Zealand securities.
-SYDNEY, Oct. 28
The election excitement vacs reflected- on the stock exchange by lower quotations. There was, however, an absence a: anything in the nature of panic selling, while at lower rates there was fairly good buying. The support of the market towards the dose showed signs of steadiness of operations, generally characterised by the greatest caution. Government loans were neglected but Australian Bank, Commercial Bank, New South Wales and National Banks, (suffered heavy reverses.
Sir Otto Niemeyer who declines to discuss the elections had a long interview to-dav with the Chairman and Governor of the Commonwealth Bank, the outcome of which was not disclosed.
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Hokitika Guardian, 28 October 1930, Page 5
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150STOCK EXCHANGE Hokitika Guardian, 28 October 1930, Page 5
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