FINANCE
SOUTH AFRICAN LOAM. SUBSCRIBED. (United Press Association—By CableCopyright.) (Received 29, 10.30 a.m.) London, Oct. 28. The South African loan was fully subscribed. Financiers are of opinio* that the subscriptions would have bee* much larger if the date of issue had not coincided with the break in th* sterling exchange. BRITISH CURRENCIES. (Received 29, 10.45 a.m.) New York, Oct. 2A British currencies closed strong ** Friday. Sterling was firm throughout the day and closed at 3.281, up threequarters. The Canadian dollar closed at 90}, up three-eighths. PRICE OF GOLD. (Received 29, 10.30 a.m.) London, Oct. M, Gqld is quoted at £6 5/8 an oune*. PROPOSED £8,000,000 LOAN. (Received 29, 10.30 a.m.) Melbourne, Oct, 29. The bankers' conference engaged in a three hours’ discussion of the proposal to raise an £8,000,000 loan but failed to reach an agreement.
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Bibliographic details
Hawke's Bay Tribune, Volume XXII, Issue 270, 29 October 1932, Page 7
Word Count
136FINANCE Hawke's Bay Tribune, Volume XXII, Issue 270, 29 October 1932, Page 7
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