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HEW CAPITAL

COMPANY FLOTATION IN LONDON HUGE SUMS SUBSCRIBED. Press Association—By Tehgrjpii— Copyright LONDON, March 6. The ‘ Daily Express’ says; “The city is engaged in more company flotations than at any times since the war. Seven million pounds of new capital has been subscribed in the last two clays, and £80,000,000 was subscribed in January and February. But for the rise in the bank rate the new capital issues would have been even greater. A number of notations have been postponed .t|U easier monetary conditions prevail. Half the money has been required for industrial concerns, but a number of companies have been formed to exploit new and untried inventions. Many of the issues have been lagely over-sub-scribed,”—Australian Press Asociation.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/ESD19290307.2.42.5

Bibliographic details

Evening Star, Issue 20118, 7 March 1929, Page 9

Word Count
119

HEW CAPITAL Evening Star, Issue 20118, 7 March 1929, Page 9

HEW CAPITAL Evening Star, Issue 20118, 7 March 1929, Page 9

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