COMMENT IN LONDON
(Received 25th March, 1 p.m.)
LONDON, 24th March,
A stockbroker describes Mr. Theodore's proposal to ship gold reserves to England as a gambler's throw. The Federal Treasurer is plunging in the hope of trade recovery. A high o/Kcial authority refuses to believe in the possibility of Australia defaulting now or hereafter, and predicts that the Westminster Bank indebtedness will bo satisfactorily arranged, and considers that Mr. Theodore's attitude is inspired by political motives with a view to the possibility of impending general elections. Dealings in Commonwealth "fives" ranged from 74 to 77; "sixes" 80 to 91. City circles bolievo that the whole interest payments, amounting to £2,250,----000, payable on Ist April, have been provided for.
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https://paperspast.natlib.govt.nz/newspapers/EP19310325.2.66.2
Bibliographic details
Evening Post, Volume CXI, Issue 71, 25 March 1931, Page 9
Word Count
118COMMENT IN LONDON Evening Post, Volume CXI, Issue 71, 25 March 1931, Page 9
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