THE BELGIAN LOAN.
A FEAST r CF. THE STA-..3. ■".-'.• ...__:._•. .' ■ Evert body ; .a. ". "■ '■• "• "' •' ".-•":".:? a. _•-- ---satis:-!:"' - - tr-. "•* .."::..-: i -.. eno".._: ;_._* ! '■- _-.■-::•. "• <■::.: a Four. . to snatch a preEi-n. o: -—.:-. :■■::.'- --hkh he. the resume itr..i ■:. v, ould '._; ■: to pay if he desired To increase Lis stake l-eyc-tid the extremely n odest amount : allotment that lie may Lav. secured. It' _. obvinns that tne trirhtig _ amour.: •: ; aripbcation mone. . namely. T. pei cent, j had a great deal to do with the e:ion_--U----volume c>f subscriptions. When the stock was placed on the mar. ket on Tuesday, the first price quoted was 4"_ premium. As trie New York portion oi th* loan had already become negotiable in Wall Street on the basis of 4 premium, the bid of 4"_ aroused surprise. It tempted the stan? to hold back | rather than to sell. More than the total of the loan must have been nerotiated during th. first day o: dealings, the net result bein_ a rise to 5 3-16 premium. while on Wednesday this was improved upon to the extent of another 13-16. the premium risinc to 6. making the fullypaid Ft.ock 100. less 6 for the discount allowed for paying up in full on that day.
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https://paperspast.natlib.govt.nz/newspapers/AS19261223.2.28.1
Bibliographic details
Auckland Star, Volume 304, Issue 304, 23 December 1926, Page 4
Word Count
196THE BELGIAN LOAN. Auckland Star, Volume 304, Issue 304, 23 December 1926, Page 4
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