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AUSTRALIAN SHARES IN U.S.A.

HOLDERS ORDERED TO SELL CERTAIN SECURITIES

CANBERRA, May 1. The Treasurer, Mr P. C. Spender, announced that Australian holders of shares in 20 specified American companies had been ordered to dispose of the shares within the next six months and thereafter lodge the proceeds in dollars in the Commonwealth Bank in New York. They will ultimately receive payment in Australian currency exchange.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/ST19400502.2.50

Bibliographic details

Southland Times, Issue 24115, 2 May 1940, Page 8

Word Count
66

AUSTRALIAN SHARES IN U.S.A. Southland Times, Issue 24115, 2 May 1940, Page 8

AUSTRALIAN SHARES IN U.S.A. Southland Times, Issue 24115, 2 May 1940, Page 8