AUSTRALIAN STOCKS WEAKER
LONDON, 23rd March. Australian stocks have weakened all round. Dealings recorded to-day range from £1 to £4 decline compared with last Thursday's prices. NEW YORK, 23rd March. Quotations of Australian loans on Wall Street to-day compare with those of last week as follows: — 16th Mar. 23rd Mar. Commonwealth. Dol. Dol. 5 p.c. Jan .-July, 1055 73 72 5 p.c. March-Sept., 1957 73 72% iVz p.c, May-Nov., 1056 64V4 6fi New South Wales— 5 p.c, Feb.-Aug., 1957 63 fis% 5 p.c, April-Oct., 195S 02% fis Queensland — fi p.c, Feb.-Aug., 1947 * * 7 p.c, April-Oct., 1042 * 9G *No sale. Australian loans in New York have made good recovery, however, in a month, for quotations on lOtli February were as follow:— 19th Feb. Commonwealth— Dol. 5 per cent. (1955) SB 7-8 5 per cent. (1957) 50 4% per cent. (1936) 02 5-8 New South Wales— 5 per cent. (1057) fit! 5 per cent. (1958) 5554 Queensland — G per cent. 0947) 7.3 7 per cent. ft 942) t 86% (Received 25th March, 11.15 a.m.) LONDON, 24th March. Further weakness has developed in the market for Australian stocks ou the.publication of Mr. Theodore's references to the possibility of default, although city opinion inclines to the belief that he is only trying to frighten Parliament into passing his Bill.
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Evening Post, Volume CXI, Issue 71, 25 March 1931, Page 12
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215AUSTRALIAN STOCKS WEAKER Evening Post, Volume CXI, Issue 71, 25 March 1931, Page 12
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