LONDON LOAN ISSUES
GREAT ACTIVITY FORESEEN (Australian and N.Z. Press Association) LONDON, Saturday. As the new issue season for the winter approaches there is ample evidence that great activity in new offers of capital is contemplated. This follows phenomenal activity practically throughout the year. For the first nine months of the year the new issues totalled £269,254,000, compared with £201,857,000 for the same period last year. This year’s figures are the highest since the boom year, 1920, when the nine months’ issues totalled £314,574,000, and those of the full year £419,438,000. It is significant that out of £18,306,000 issued in September only £7,500,000 were for domestic purposes, and nearly £7,000,000 for foreign countries outside the Empire.
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Bibliographic details
Sun (Auckland), Volume II, Issue 479, 8 October 1928, Page 12
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116LONDON LOAN ISSUES Sun (Auckland), Volume II, Issue 479, 8 October 1928, Page 12
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