MR. NASH'S TALKS
INDEFINITE PERIOD
THE BRITISH OFFER
COUNTER-PROPOSALS SAID TO HAVE BEEN MADE
(By Telegraph—Press Association —Copyright.)
LONDON, July 15.
The New Zealand Minister of Finance, Mr. Nash, in a statement today, said that his loan negotiations have been postponed indefinitely.
It is understood that New Zealand made counter-proposals to the British offer.
The high yields of New Zealand Stocks, despite the delay in completing the credits, have attracted investors to the market. The 4| per cent. 1945 loan and the 3 per cent. 1952-55 loan are both dearer for investors.
The '"News. Chronicle" considers that a long-term view of New Zealand justifies moderate optimism.
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Bibliographic details
Evening Post, Volume CXXVIII, Issue 14, 17 July 1939, Page 9
Word Count
106MR. NASH'S TALKS Evening Post, Volume CXXVIII, Issue 14, 17 July 1939, Page 9
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