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AUSTRALIAN SCRIP DEALINGS

(United Press Association) WELLINGTON, October 12. The Stock Exchange Association of New Zealand advises that after . Press reports at the end of last week that the Australian Government had introduced regulations to prevent the .export of capital from Australia and make possible the mobilization of all overseas assets owned by Australians; private advice received by members here to the affect that the export of scrip.; from Australia had been prohibited caused the association to cable to the Sydney Stock Exchange making closer inquiries. The reply received today is to the effect that scrip may be sent from Australia to New Zealand provided funds are remitted to Australia.to'pay for it or scrip of an equivalent value is exchanged. Scrip will be retained there only when purchased with funds already in Australia.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/ST19391013.2.20

Bibliographic details

Southland Times, Issue 23947, 13 October 1939, Page 4

Word Count
133

AUSTRALIAN SCRIP DEALINGS Southland Times, Issue 23947, 13 October 1939, Page 4

AUSTRALIAN SCRIP DEALINGS Southland Times, Issue 23947, 13 October 1939, Page 4