THE RISE IN NEW ZEALAND STOCK,
When the last New Zealand loan was floatod, a, promise was given not to put another loan on the market until after the present month— October. The fear of this loan being brought out has kept down the price of New Zealand stock, notwithstanding that tho half.yearly dividend ww approaching. The arrangement made by the Colonial Treasurer to place money in London and so obviate the necessity of floating a loan for som» months, has already sent up the price of New Zealand stock a half per cent.; and it is likely to rise within the next few weeks two per cent, at least additional. The idea suggested by our morning contemporary that the nso is consequent on the result of the elections, is utterly absurd.
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Bibliographic details
Evening Post, Volume XXXIV, Issue 80, 1 October 1887, Page 2
Word Count
132
THE RISE IN NEW ZEALAND STOCK,
Evening Post, Volume XXXIV, Issue 80, 1 October 1887, Page 2
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