NEW ZEALAND LOAN.
PROBABLE EFFECT O . _BDS LOAN, (By leie_raph.—Press Association.) DL__D __ this day. (Prominent financiers and mercantile men, seen hy a TJunedia ' .tar" repre-sehtativei-exprese the opinion that, the floating of the four million loan for two years showed a distinct weakness in oar finance, and that money must become tighter and the rate of interest, higher in a very short time. A sharebroker pointed' out that a_ Indian loan of three". ______ floated in. London in _pril last, -was -underwritten to exactly the same amount, viz., 87 per cent of the total, and. -was left in the hands of the underwriter. Home papers, commenting on this, said evidently the English inyestpr nojv wanted a higher rate of. interest on his money.
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Bibliographic details
Auckland Star, Volume XLIII, Issue 141, 13 June 1912, Page 2
Word Count
121NEW ZEALAND LOAN. Auckland Star, Volume XLIII, Issue 141, 13 June 1912, Page 2
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