GOVERMENT SECURITIES.
SALES NOT "TAPERING OFF." PRIME MINISTER'S DENIAL. (By Telegraph.—Own Correspondent.) WELLINGTON, this day. The statement in a Southern, newspaper that applications for 5J per cent Government securities were tapering off, was brought under the notice of the Prime Minister, Sir Joseph Ward, who declared it was quite contrary to fact. Sir Joseph added that applications for Government securities were coming in at quite a satisfactory rate, and that no falling off had taken place. The comparison made in the newspaper ooncerned between Government and local body securities, said Sir Joseph, warranted little notice, as investments in Government securities were generally made on grounds not common to investments in local body securities.
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Auckland Star, Volume LXI, Issue 35, 11 February 1930, Page 9
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113GOVERMENT SECURITIES. Auckland Star, Volume LXI, Issue 35, 11 February 1930, Page 9
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