FEVERISH ACTIVITY
In N.S.W. Finance
SPECTACULAR OPERATIONS ELECTIONS ON JUNE 11 By Telegraph—Copyright —Press Assn. SYDNEY, Last Night. The sensational activity in bonds and shares which began on Saturday after Mr. J. T. Lang’s dismissal from the Premiership continued on the Stock Exchange to-day. A fillip was given to the market by the rout of Labour at the Victorian polls. Spectacular buying and selling were once more a feature of the trading. The volume of business was the largest for many months. Stock gains on Saturday are estimated at £15,000,000. \
All sections, except perhaps insurance issues, shared in the feverish activity. Substantial gains were recorded by banks, breweries, pastoral and general trading concerns. Among the sales recorded were the following:—Commercial Bank of Sydney £l6 ss, ditto New Zealand delivery £l6 7s 6d, bank of New South Wales £2B 12s 6d, Colonial Sugar £44 17s 6d, and Huddart Park £1 6s 6d.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/WPRESS19320517.2.47
Bibliographic details
Waipukurau Press, Volume XXVIII, Issue 121, 17 May 1932, Page 7
Word Count
151FEVERISH ACTIVITY Waipukurau Press, Volume XXVIII, Issue 121, 17 May 1932, Page 7
Using This Item
NZME is the copyright owner for the Waipukurau Press. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International licence (CC BY-NC-SA 4.0). This newspaper is not available for commercial use without the consent of NZME. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.