TRADING IN STOCKS
DOMINION AND AUSTRALIA EFFECT OF NEW REGULATIONS (By Telegraph—Press Association) WELLINGTON, Tuesday “The New Zealand Government’s recent regulations have proved most effective in preventing the flight of capital to Australia,” said Mr 11. R. Nettheim. a Sydney stockbroker, who arrived at Wellington by the Awatea yesterday. “The regulations have reduced trading in stocks between Australia and New Zealand almost to vanishing point,” he added. Mr Nettheim said he thought New Zealand visitors to Australia should not have much difficulty in exchanging a limited number of New Zealand pound notes. They would be foolish, he thought, to accept as little as I4s 3d. as some people were reported to have done. The value should be about par.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/WT19381228.2.86
Bibliographic details
Waikato Times, Volume 123, Issue 20690, 28 December 1938, Page 7
Word Count
119TRADING IN STOCKS Waikato Times, Volume 123, Issue 20690, 28 December 1938, Page 7
Using This Item
Stuff Ltd is the copyright owner for the Waikato Times. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons BY-NC-SA 3.0 New Zealand licence. This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Log in