STOCK EXCHANGE.
THE LONDON MARKETS. CRITICISM OF NEW ZEALAND. NATIONALISED RESERVE BANK. United Prel- Aun.——Elec. Tel. Conn-ism. LONDON, May 81. Interest in the stock markets has been negligible owing to the Derby and \\‘hitsun. Gilt-edged remain weak and industrial: are barely supported. Australian stocks are affected by the current dullness. but. a leading firm or Stockbrokers draws attention to the discrepancy between Australian ‘and New Zealand issues. It instances that New Zealand 3 per cents. are at £99 and Australian at £94. The firm points out that Australia has a record of conservative finance, and shows a satisfactory export surplus. while the New Zealand nationalised Reserve Bank seems to have re—ceived on a financial dictatorship. 'I'MNIAO'I'IONS IN SYDNIV. SYDNEY. June 1. The following sales were recorded on the Stock Exchange:— Bonds.——.i per cent, 1938, £lO2 55. 19“. £lOl 55. Bank of Australasia, £l2 25; Tooths. A 23 3d; Anthony Hordern. 185 10“; Colonial Sugar, £42; Howard Smith, 193. _—
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Waikato Times, Volume 119, Issue 19901, 2 June 1936, Page 8
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158STOCK EXCHANGE. Waikato Times, Volume 119, Issue 19901, 2 June 1936, Page 8
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