PROMPT EFFECT OF INTEREST PAYMENT.
RAPID RECOVERY OF AUSTRALIAN STOCKS. (United Press Assn.—-By Electric Telegraph—Copyright.) (Received March 31, 12.40 p.m.) LONDON, March 30. The announcement of the payment of the New South Wales interest brought many buyers’ orders for Australian stocks, who found sellers scarce. Consequently there was a rapid allround recovery of prices. There was considerable dealing in Commonwealth 5 per cents, the price ranging from £72 to £77, sixes at £B4 to £9O, Victorian 3$ per cents at £6O, 5 per cents £7O to £73, 42 per cents. £6B; New South Wales 4 per cents £Bl to £B3, 3 per cents £6B to £75, 31 per cents £sl to £57, 52 per cents £B2 to £B3, 61 per cents £BO to £BB, 6 per cents £73; Queensland 5 per cents £6B to £73. 3 per cents £53; South Australian 3$ per cents £75, Tasmanian 61 per cents £9O; West Australian 3 per cents £72 to £73, 6 per cents £Bl to £B3.
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Bibliographic details
Star (Christchurch), Volume XLIV, Issue 77, 31 March 1931, Page 6
Word Count
164PROMPT EFFECT OF INTEREST PAYMENT. Star (Christchurch), Volume XLIV, Issue 77, 31 March 1931, Page 6
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