DROP IN NEW ZEALAND THREE PER CENTS.
AN EXPLANATION. Cbt telegraph.-— association.] Wellington, Tuesday. With regard to the drop of 40* hi New Zealand 3 per cents., cabled on Saturday, the Premier has received word from the AgentGeneral that there was a general deoline in the market of 10s. As to the remaining 30s, that is the half-year's interest, which becomes du: on October 1, and the custom of the market is that all stocks are quoted less the half-year's interest from the first of the month previoue to which the interest is payable.
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Bibliographic details
New Zealand Herald, Volume XLI, Issue 12660, 14 September 1904, Page 5
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94DROP IN NEW ZEALAND THREE PER CENTS. New Zealand Herald, Volume XLI, Issue 12660, 14 September 1904, Page 5
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