WORLD'S MONEY MARKET.
PARIS BANK RATE. REDUCED TO 2W PER CENT. LONDON, May 31. I The hank rate has been reduced to 2\b j per cent. j The previous rate was 3 per cent, to | which it was raised from 2Vi per cent on | February 8. UNPROFITABLE TRADING. j FORD'S HEAVY LOSSES. ! (Received 11 a.m.) LONDON, June 1. The Ford Motor Company lost 3,923,000 dollars in 1933. Ford's Josses in 1932 were estimated at 79,247 dollars. BRITISH LOANS INCREASE. RUGBY; May 31. According to statistics compiled by the Midland Bank, new capital issues in May amounted to £22,441,000, compared with £14,014,014 in May, 1933.
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Bibliographic details
Auckland Star, Volume LXV, Issue 129, 2 June 1934, Page 4
Word Count
104WORLD'S MONEY MARKET. Auckland Star, Volume LXV, Issue 129, 2 June 1934, Page 4
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