NEW ZEALAND LOAN
'PUBLIC SUBSCRIBE 20 PER. CENT. CENT. (Press Association.—Copyright.) (Received Feb. 19, 10.55 a.m.) LONDON, Feb. 18. The public subscribed 20 per cent', of the New Zealand loan, tlie money being in small amounts. - (This is the third Australasian loan raised this -year. On January 3rd Tasmania placed a loan of £1,300,000, bearing interest at 4 per cent., and the underwriters had to provide 72 per cent, of the money. On January 11th a" 4 per cent. Queensland loan for £2,000,000 was issued, and the underwriters had to find 81 per cent, of the total. * Last year they had to find 87 per cent, of the million loan raised by the Mackenzie Government, despite its very attractive terms to investors.)
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Bibliographic details
Nelson Evening Mail, Volume XLVIII, Issue XLVIII, 19 February 1913, Page 5
Word Count
122NEW ZEALAND LOAN Nelson Evening Mail, Volume XLVIII, Issue XLVIII, 19 February 1913, Page 5
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