COMMERCIAL
STOCKS AND SHARES WELLINGTON, January 21. Sale to-day: New Zealand Newspapers 32/9. Sales reported: 31 per cent. Stock 22/5/60 £lOO/10/-, National Insurance 19/- (two sales). New Zealand Breweries 33/-. CHRISTCHURCH, January 21. Sale on ’Change: Broken Hill Proprietary 46/6. Reported: New Zealand Newspapers 32/9.
INVESTMENT DIFFICULTIES. WELLINGTON, January 21. The difficulty, amounting almost to impossibility, of getting satisfactory short date investments, was referred to by Mr. Stronach Paterson, chairman of directors at the annual meeting of the Gear Meat Co. He expressed the view that even if the Reserve Bank had exercised the power conferred on it in this direction, New Zealand would probably still have been without a short date money market, because of the conditions in control of finance created by the Government. “Let us hope that in the postwar development, that grave difficulty that faces all business in New Zealand, will find some solution,” he said.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/GEST19410121.2.52
Bibliographic details
Greymouth Evening Star, 21 January 1941, Page 10
Word Count
150COMMERCIAL Greymouth Evening Star, 21 January 1941, Page 10
Using This Item
The Greymouth Evening Star Co Ltd is the copyright owner for the Greymouth Evening Star. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International licence (CC BY-NC-SA 4.0). This newspaper is not available for commercial use without the consent of the Greymouth Evening Star Co Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.