FINANCE MARKETS.
PLACIDITY MAINTAINED. LONDON, July 14. Sir John Simon’s sweeping decision to raise the year’s borrowing total to five hundred million sterling has scarcely stirred a ripple _in the markets, which have become inured to astronomical finance. Foreign bonds are generally firmer despite continued with the exception of Eastern stocks, which have again fallen sharply. The New Y'ork Stock Exchange turnover to-dav was 540,000 stocks and shares. SALES AT SYDNEY. SYDNEY, July 15. Stock Exchange morning sales were: Bonds.—3 per cent, 1948, £92 17s 6d : 3if per cent, 1951, £9B 2s 6d: 31 per cent, 1954, £99; 4 ner cent, 1947, £lOl ss; 1950, £lOl 17s Od ; 1957, £IOO 15s: 19(51, £lOl 10s. Australian Consolidated Industries, 34s ljd: Goldsbrough Mort, 26s 4RI ; .Tames Stedman, 13s lOd ; Kandos, 30s 6d; Bank of New South Wales, £2B 10s. WELLINGTON EXCHANGE. Per Press Association. WELLINGTON, July 15. Stock Exchange quotations are : Sales.—Commercial Bank, 16s ]od. Sales reported: Four per cent. Inscribed Stock, 1940-43, £99: Commercial Bank, 16s lid; EC.I. (prof.), £1 4s 9d; AVoolworths, Ltd. (ord.), £1 4s 3d.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/MS19390717.2.123
Bibliographic details
Manawatu Standard, Volume LIX, Issue 193, 17 July 1939, Page 8
Word Count
177FINANCE MARKETS. Manawatu Standard, Volume LIX, Issue 193, 17 July 1939, Page 8
Using This Item
Stuff Ltd is the copyright owner for the Manawatu Standard. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons BY-NC-SA 3.0 New Zealand licence. This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Log in