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THE SIDNEY MARKET.

BANK RATji ADVANCES;

Press AsSoeiatioj-By Telegraph-Copyright LONDON, August 16.

Some ; surprise -if/ sliott-h at- ■bl i & advance U'tlte bank'.rate to 4-.Ul:per cent,, in viow of the plentiful supplv- ot money, but it- i'< understood that the'action 'of. the direct toi'S of the Bank of England has been taken as a protective' measure, in view of ths unrest in Wall street.

Despite the previously ; <expmi*sd fears the settlement on 'Change to-day passed uneventfully'.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/THD19070819.2.24

Bibliographic details

Timaru Herald, Volume XIC, Issue 13368, 19 August 1907, Page 5

Word Count
75

THE SIDNEY MARKET. Timaru Herald, Volume XIC, Issue 13368, 19 August 1907, Page 5

THE SIDNEY MARKET. Timaru Herald, Volume XIC, Issue 13368, 19 August 1907, Page 5