MARKET UNCERTAIN
BANK SHARE VALUES LONDON, Oct. 17. The decision to nationalise all the Australian banks has put the market for these shares in a very uncertain frame of mind, says Reuter’s financial correspondent. Prices are still quoted, but with a good deal less freedom than formerly and, in fhost cases, the brokers are called on to state whether they are buyers or sellers. It is generally anticipated that negotiations for the taking over of the banks will be long drawn-out, but it is expected that when the final decisipn to pay is made, the sum to be dispersed among shareholders will exceed the value on the present price levels.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/GISH19471020.2.63
Bibliographic details
Gisborne Herald, Volume LXXIV, Issue 22464, 20 October 1947, Page 5
Word Count
110MARKET UNCERTAIN Gisborne Herald, Volume LXXIV, Issue 22464, 20 October 1947, Page 5
Using This Item
The Gisborne Herald Company is the copyright owner for the Gisborne Herald. 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 Gisborne Herald Company. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Log in