SLUMP IN SILVER
SITUATION IN SHANGHAI
BRITISH FIRMS BANKRUPT
(Received 28th May, 8 a.m.)
SHANGHAI, 27th May,
Silver to-day reached a new low level, the tael being quoted at 20 7-8 pence. The bankruptcy papers of several British firms are already filed. The situation is believed to be hopeless. Shanghai is enormously overstocked with silver, warfare preventing distribution in the interior.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/EP19300528.2.83.2
Bibliographic details
Evening Post, Volume CIX, Issue 124, 28 May 1930, Page 11
Word Count
61SLUMP IN SILVER Evening Post, Volume CIX, Issue 124, 28 May 1930, Page 11
Using This Item
Stuff Ltd is the copyright owner for the Evening Post. 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.