FINANCIAL PANIC
SHANGHAI EXCHANGE MARKET. (United Press Assn.—By Telegraph—Copyright.) Shanghai, May 29. The exchange market is nearing a panic in view of a further fall in the price Of silver. Four small banks failed yesterday, and the position of others, is shaky. LONDON MARKET AFFECTED. (British Official Wireless.) (Rec. 5.5 p.m.) Rugby, May 29. There was a further slump in silver on the London market to-day when prices fell to the lowest ever recorded, 17 7-16 d for spot and 171 for forward delivery.
Permanent link to this item
Hononga pūmau ki tēnei tūemi
https://paperspast.natlib.govt.nz/newspapers/ST19300531.2.74
Bibliographic details
Ngā taipitopito pukapuka
Southland Times, Issue 21097, 31 May 1930, Page 7
Word count
Tapeke kupu
84FINANCIAL PANIC Southland Times, Issue 21097, 31 May 1930, Page 7
Using this item
Te whakamahi i tēnei tūemi
Stuff Ltd is the copyright owner for the Southland Times. 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