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STOCK EXCHANGE SLUMP

VICTORIAN BUDGET’S EFFECT, f By Telegraph—Press Assn.—Copyright. Rec. 5.30 p.m. - Melbourne, Sept. 26. Following the Budget announcement a very sharp fall occurred in all shares on the Stock Exchange. Government loan issues and banking stocks were all offered at substantial reductions, while heavy falls are recorded ov<Jr a wide range of leading industrial and general investment issues.' The cause of the slump is the Government’s new taxation proposals.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/TDN19300927.2.84

Bibliographic details

Taranaki Daily News, 27 September 1930, Page 7

Word Count
71

STOCK EXCHANGE SLUMP Taranaki Daily News, 27 September 1930, Page 7

STOCK EXCHANGE SLUMP Taranaki Daily News, 27 September 1930, Page 7