EFFECT IN LONDON
STOCKS MARKED DOW#
(Received 30th January,, li jwn.)" 1 LONDON, 29fh January. Although financial circles have little doubt' that the Commonwealth will provide the necessary funds 4o pay New South Walos's interest on Monday,' the publication/of, tfie news that the State is unaW to find all the' moneyhas had a disturbing effect on the Stock' Exchange. Jobbers promptly narked down prices several points, the greatest being Commonwealth 5} per cents, by £3 15s. Most of the other States' stocks also eased a point or two. Financiers generally deplore that this has happened just when Australian, stocks appeared firmly established oa the upgrade.
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Bibliographic details
Evening Post, Volume CXIII, Issue 25, 30 January 1932, Page 13
Word Count
105EFFECT IN LONDON Evening Post, Volume CXIII, Issue 25, 30 January 1932, Page 13
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