CHEAP MONEY.
TWO PER CENT. AT CALL IN NEW YORK. United Press Association—By Electric Telegraph—Copyright (Received December 28, 5.5 p.m.) NEW YORK, December 26. The call money rate of renewal remained at 2 per cent, all day. EFFECT IN LONDON. FILLIP IN BEST SECURITIES. United Press Association—By Electric Telegraph—Copyright (Received December 28, 5.5 p.m.) LONDON, December 27. The reduction in the American discount rate, resulted in a fillip in gilt edged stocks on Christmas Eve, all British and Indian funds advancing appreciably. Australians did not participate in the rise, and a few, in which there were dealings, showed a drop of £l.
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Bibliographic details
Timaru Herald, Volume CXXXIII, Issue 18762, 29 December 1930, Page 9
Word Count
102CHEAP MONEY. Timaru Herald, Volume CXXXIII, Issue 18762, 29 December 1930, Page 9
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