BANK OF N.Z. SHARES
WELLINGTON, Oct. 28. There were at present 4504 ordinary shares and 1699 D long-term mortgage ♦m re - s ln th e Bank of New Zealand still m private hands on the London register, the Melbourne register contained 50 ordinary shares, and the Sydney register 809 ordinary and 62 D e Jopi-term shares, said the Minister °f Finance (Mr Nash) in the House of Representatives this evening. The bill empowered the Government to take over these shares for a fair cash price, but negotiations were at present going on with the holders of several blocks of shares on overseas registers with a view to buying shares on a mutually satisfactory basis. Only four ‘owners were involved in the outstanding shares in Australia, said Mr Nash. It was desirable that the overseas registers should be closed as soon as possible.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/CHP19481029.2.63
Bibliographic details
Press, Volume LXXXIV, Issue 25638, 29 October 1948, Page 6
Word Count
142BANK OF N.Z. SHARES Press, Volume LXXXIV, Issue 25638, 29 October 1948, Page 6
Using This Item
Stuff Ltd is the copyright owner for the Press. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons BY-NC-SA 3.0 New Zealand licence. This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Acknowledgements
This newspaper was digitised in partnership with Christchurch City Libraries.
Log in