ENTHUSIASM IN CITY
Rec. Nov. 3, 5. p.m. Rugby, November 2. The announcemen't of the conversion loan issue was reeeived with enthusiasm by the city. Great activity developed in the gilt-edged market on the London Stock Exchange, and,' although the earlier sharp advances were not fully maintained, quotations remained considerahly highei*, the balance of the war loan assented, which closed at £100 5s, being well under the best. An increased demand for sterling and an all-round improvement in rates were recorded on the London foreign exchange market.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/RMPOST19321104.2.25.2
Bibliographic details
Rotorua Morning Post, Volume 2, Issue 371, 4 November 1932, Page 5
Word Count
87ENTHUSIASM IN CITY Rotorua Morning Post, Volume 2, Issue 371, 4 November 1932, Page 5
Using This Item
NZME is the copyright owner for the Rotorua Morning Post. 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 NZME. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Log in