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AMERICAN SHARES

AUSTRALIA ORDERS HOLDERS TO SELL. CONSERVATION OF FOREIGN EXCHANGE. By Telegraph—Press Association—Copyright. CANBERRA. This Day. The Commonwealth Treasurer, .Mr F. C. Spender, has announced that Australian holders of shares in 20 specified American companies have been ordered to dispose of these shares within the next six months and thereafter lodge the proceeds in dollars in the Commonwealth Bank in New York. They will ultimately receive payment in Australian currency. This move is designed to conserve foreign exchange.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/WAITA19400501.2.41

Bibliographic details

Wairarapa Times-Age, 1 May 1940, Page 5

Word Count
79

AMERICAN SHARES Wairarapa Times-Age, 1 May 1940, Page 5

AMERICAN SHARES Wairarapa Times-Age, 1 May 1940, Page 5