THE MONEY MARKET.

Mataura Ensign, 9 March 1914, Page 5

THE MONEY MARKET.

COLONIAL STOCKB AND CONSOL6. ET MiSCTRIC TEIiBOBAPH COFTEIQHT. TIMES AND SYDNET SUIT SERVICES. Received March 9, 8.30 a.m. LONDON, March 8. "The Times' in a leading article says: •'lt is being recognised more widely daily that while colonial stocks afi-ta security equivalent for all practical purposes to that of Consols, they yield considerably more interest and possess the valuable quality of being redeemable within fixed terms instead; of at the option of the Government of the day. Am important development has been th« establishment of four per cent, as th« rate procurable by the domini#n« or their long-term stocks.