BRIGHT SPOTS IN THE NEWS
There was a great rush of applications for the new 2 per cent. British Treasury Bonds. The success of the issue had an immediate effect on British funds, all of which were marked up sensationally. ♦ 0 ♦ There was a good clearance at the London wool sales on Tuesday at full late rates, greasy merinos having a tendency in favour of sellers. The Sydney sales yesterday saw good competition at firm rates. » * * The prices of copper and lead were steady in London on Tuesday, those of spelter and tin being firmer. An improvement in New South Wales finances is revealed in Treasury figures for the past quarter. The revenue increased by £2.301,931 compared with the corresponding period of last year, while the expenditure dropped by £3,259,065. April to’ September are the lean months for the New Zealand railways, and with these now behind the Railwavs Department is preparing for increases in traffic. The department ! s placing some confidence iu the public response, since arrangements lune been made to use complete sets of the new tvpe of de luxe passenger cars on all the principal trains throughout the summer.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/DOM19321013.2.48
Bibliographic details
Dominion, Volume 26, Issue 16, 13 October 1932, Page 8
Word Count
192BRIGHT SPOTS IN THE NEWS Dominion, Volume 26, Issue 16, 13 October 1932, Page 8
Using This Item
Stuff Ltd is the copyright owner for the Dominion. 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.
Log in