BETTER TONE
SYDNEY STOCK EXCHANGE
SYDNEY, sth February.
The gloomy atmosphere on the Stock Exchange was replaced to-day by buoyancy which was the most marked for many months. The prices of better class securities • made an excellent recovery, increases in share prices representing more than £3,000,000. Australian Bank of Commerce rose Is; Commercial Bank of Sydney, 15s; E.S. and A. Bank and Bank of New South Wales, 22s 6d; and British tobacco, Is 6d.
Another favourable development is an improvement in t!ie wool market which is believed to have turned the corner.
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Bibliographic details
Nelson Evening Mail, Volume LXIV, 6 February 1930, Page 5
Word Count
92BETTER TONE Nelson Evening Mail, Volume LXIV, 6 February 1930, Page 5
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