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LOAN CONVERSIONS

EFFECT ON AMERICAN MARKETS United Pr«ss Association—By Electric Telegraph—Copyright WASHINGTON. October 14. The Government’s refinancing programme, regarding the conversion of part of the fourth liberty loan, raised the dollar to-day to the indicated gold value of 69.13 cents. Sterling broke 13 7-8 cents to 4.53*, with the result that domestic, security and commodity prices are sharply down. CANADA'S OPERATION. LOAN SUBSTANTIALLY OVERSCRIBED. United Presa Association—By Electric Telegraph—Copyright OTTAWA. October 14 The Canadian conversion loan closed on Saturday, and was substantially over-subscribed.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/THD19331017.2.105

Bibliographic details

Timaru Herald, Volume CXXXVII, Issue 19622, 17 October 1933, Page 12

Word Count
83

LOAN CONVERSIONS Timaru Herald, Volume CXXXVII, Issue 19622, 17 October 1933, Page 12

LOAN CONVERSIONS Timaru Herald, Volume CXXXVII, Issue 19622, 17 October 1933, Page 12