Share Values Fall 021 Sydney Exchange
Rec. 10 p.m. SYDNEY, Aug. 19. The market for bank shares, thoroughly unsettled by the Federal Government nationalisation plan, produced only one sale on the Sydney Exchange this morning, but a number of transactions took place late this afternoon, all at reduced prices. Commercial Banking of Sydney dropped 15s this morning, and this afternoon went down another 15s to £22, making a total loss since the week-end of £2 2s. Bank of New South Wales dropped another £1 since yesterday to £35 In the general industrial section, the market was steady and on the slow side.
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Otago Daily Times, Issue 26544, 20 August 1947, Page 5
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102Share Values Fall 021 Sydney Exchange Otago Daily Times, Issue 26544, 20 August 1947, Page 5
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