NEW ZEALAND STOCK
LONDON VIEW OF POLICY KLLEGED DICTATORSHIP. v3y Telegraph—l'rcss Assn.—Copyright.) (Received June 1, 11.10 a.m.) LONDON, May 31. Interest in the stock and share markets is negligible, owing to the Derby and Whitsun holidays. Gilt-edged securities remain weak and industrials are barely supported. Australian Government loans are affected by the current dullness of the market, but a leading firm ofstockbrokers draw attention to the dis crepancy in the Australian and New Zealand issue and instance New Zealand 3 per cents, at £99 and Australian at £94, and firm_ at that. They point out that Australia has a * ec °rd for conservative finance and it also shows a satisfactory export surplus, while New Zealand, having nationalised the Reserve Bank, seems resolved on a policy of financial dictatorship.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/EP19360601.2.140.1
Bibliographic details
Evening Post, Volume CXXI, Issue 128, 1 June 1936, Page 12
Word Count
128NEW ZEALAND STOCK Evening Post, Volume CXXI, Issue 128, 1 June 1936, 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.