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BRITISH FINANCE

MINIMUM STOCK I'HICKS

(United Press Association—By Electric Telegraph—Copyright).

; (Received this day at 11.45 a.m.) LONDON, vMaMh 18. The Stock Exchange Committee has fixed nevt" a fid. higher minimum prices' for 18 British Government -securities, including two " and a-half cousols at ;7(H, and four, per cent funding loan at. 108£, the three and > a-half war loan at 05, and three and A-half convert sioh loan at 95, four per cent Victory bonds at 107, Minima. All other, gilt-edgeds, including Dominions, being fixed in a few days. Financial newspapers say this shows that.-- the . authorities intend (to finance the war on a three per . cent basis, for. stocks, in moderation for thj duration.^,.,,

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/HOG19400319.2.46

Bibliographic details

Hokitika Guardian, 19 March 1940, Page 6

Word Count
113

BRITISH FINANCE Hokitika Guardian, 19 March 1940, Page 6

BRITISH FINANCE Hokitika Guardian, 19 March 1940, Page 6