SOVIET SECURITIES
SALE IN NEW YORK By Cable.—Press Association. — Copyright. NEW YORK, Saturday. It is understood that the Soviet Government has devised a method of selling its securities in New York without conflicting with the State Department, and as an initial effort is has begun to sell direct to American Investors a portion of the £6,000,000 Russian railway bond issues which were recently authorised. The Soviet: has arranged the payment of Interest and principal in dollars, through the credits banks at New York, Chicago and San Francisco. The bonds at present will be delivered by mail from London, but eventually there may be arrangements for their Immediate delivery here. A and N.Z. BUTTER AND CHEESE Cabling under date January 21, the London manager of the Amalgamated Dairies, Ltd., advised as follows: ’Butter: Salted “Anchor” finest, 1545; 1525; unsalted. 154 sto 158 s; Danish, 172 sto 1745; on the spot, 163 sto 1645, f.o.b. A large quantity of New Zealand w S -k sold at these prices. The market shows no immediate signs of recovery. Cheese: White and coloured, 90s to 91s; nominal. Some is selling at 89s to 90s. The market is quiet. Canadian, 98s to 104 s.
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Bibliographic details
Sun (Auckland), Volume I, Issue 259, 23 January 1928, Page 10
Word Count
198SOVIET SECURITIES Sun (Auckland), Volume I, Issue 259, 23 January 1928, Page 10
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