FALL IN SECURITIES.
As a result of the war, 387 representative securities dealt with by the Bankers’ Magazine show a fall compared with January, 1907. There was a total depreciation of no less than millions sterling. With the exception of insurance and shipping shares and a few tramway and omnibus stocks, every department has contributed to the loss. In the case of British and Indian funds the decline is as much as ,£158,000,000, while foreign Government stocks and American railway issues have fallen about ,£112,000,000 and ,£120.000,000 respectively. A very heavy percentage decline is that which has occurred in British Railway ordinary stocks, which show a loss of about .£53,000,000, or 17 per cent. Although there has in several cases been a recovery since the Stock Exchange was closed it is doubtful whether the figures referred to would be materially modified were the comparison to be made with the quotations now current.
Permanent link to this item
Hononga pūmau ki tēnei tūemi
https://paperspast.natlib.govt.nz/newspapers/MH19141205.2.19
Bibliographic details
Ngā taipitopito pukapuka
Manawatu Herald, Volume XXXVI, Issue 1333, 5 December 1914, Page 4
Word count
Tapeke kupu
152FALL IN SECURITIES. Manawatu Herald, Volume XXXVI, Issue 1333, 5 December 1914, Page 4
Using this item
Te whakamahi i tēnei tūemi
Stuff Ltd is the copyright owner for the Manawatu Herald. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International licence (CC BY-NC-SA 4.0). This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Log in