Success of the New Zealand Loan.
Welcome nows reaches us to-day with roference to tho New Zealand million-and-a-half loan. Its success is deemed to bo so well assured that although tendors have not yet been roceived, tho dobontures are quoted at a premium of lh per cent., the average price for the loan, under tender, being oatimatod at £99. A very different result might huvo boon expected if events in Europe had not recently taken so favourable a turn. Tho floating of tho loan sbcuros tho stoady prosecution of the public works now in hand.
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Auckland Star, Volume XXVI, Issue 120, 29 May 1885, Page 2
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95Success of the New Zealand Loan. Auckland Star, Volume XXVI, Issue 120, 29 May 1885, Page 2
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