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LOWER BANK RATE.

STIMULATING EFFECT ON 'CHANGE. LONDON, June IS. The reduction of the bank rate has had a stimulating effect on the Stock Exchange, especially on gilt-edged stocks. which have recovered all round. Consols are quoted at £56, as against £54 17/ yesterday.—(A. and N.Z. Cable.)

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/AS19220619.2.68

Bibliographic details

Auckland Star, Volume LIII, Issue 143, 19 June 1922, Page 5

Word Count
47

LOWER BANK RATE. Auckland Star, Volume LIII, Issue 143, 19 June 1922, Page 5

LOWER BANK RATE. Auckland Star, Volume LIII, Issue 143, 19 June 1922, Page 5