COMMERCIAL
SHORT TERM LOAN POLICY. AUSTRALIAN HABIT CRITICISED. By Telegraph—Press Assn. —Copyright. Received Oct. 18, 7.35 p.m. London, Oct. 18. According to the Financial News, there is everything to be said for Dr. Earl Page’s contention cabled from Melbourne that the Australian habit of short term loans is short-sighted, and is due to a failure to realise tha+ long term bonds are always appreciating, and are readily transferable. LONDON METAL MARKET. THE LATEST QUOTATIONS. Received Oct. 18, 8.15 p.m. London, Oct, 17. Copper.—Spot, £55 Is 10 jd; three months, £55 3s lid. Electrolytic.—Spot, £62 ss; three months, £62 15s. Wire bars. —Spot, £62 15s. Lead.—Spot, £2l Is 3d; three months, £2l 7s 6d. Spelter.—Spot, £27 ss; three mouths, £26 17s 6d. Tin. —Spot, £262 8s 9d; three e t’.s, £259 12s 6d. Silver.—Standard, 25 13-16 d; fine, 27 7-8 d per oz. SYDNEY WOOL SALES. Received Oct. 18, 11.30 p.m. Sydney, Oct. 18. At the wool sales there was keen general competition, and good clearances were effected at full late rates. Shabby wools carrying burr were in poor request at irregular prices. Greasy Merino fleece sold to 29jd per lb.
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https://paperspast.natlib.govt.nz/newspapers/TDN19271019.2.102
Bibliographic details
Taranaki Daily News, 19 October 1927, Page 9
Word Count
190COMMERCIAL Taranaki Daily News, 19 October 1927, Page 9
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