COMMERCIAL.
(PEB PRESS ASSOCIATION.) Willinoton, October 1.
The following information has been supplied regarding the rise in New Zealand Inscribed Stock:— "When the last New Zealand loan was floated a promise was given not to put another loan on the market until after the present month of October. The fear of this loan being brought out has kept down the price of the New Zealand stock, notwithstanding that the half yearly dividend was approaching. The arrangement made by the Colonial Treasurer to place money in London, and so obviate the necessity of floating a loan for some 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 to two per cent, at least additional."
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Bibliographic details
Hawera & Normanby Star, Volume IX, Issue 1744, 3 October 1887, Page 2
Word Count
130COMMERCIAL. Hawera & Normanby Star, Volume IX, Issue 1744, 3 October 1887, Page 2
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