SYDNEY SHARE PRICES SUFFER.
■■ : SYDNEY, 12th July. As a result of the Nsw South Wales political crisis and .the heavy increase in Federal taxation,- business on the Stock Exchanges is practically at a standstill. Bank shares are easier. The Union Bank's reduced dividend gave the market a shock, while a rather marked recession occurred in Bank •of Australasia shares. Sales were recorded during the week clown to £11 log, and New Zealand selling orders are now on the Sydney market. Commonwealth bond, values ar« irregular.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/EP19310713.2.125.4
Bibliographic details
Evening Post, Volume CXII, Issue 11, 13 July 1931, Page 12
Word Count
85SYDNEY SHARE PRICES SUFFER. Evening Post, Volume CXII, Issue 11, 13 July 1931, Page 12
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.