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THE NEW LOAN.

"EXCEEDINGLY SATISFACTORY." [bt TELEGRAPH.—<)WN I CORRESPONDENT.] ' Wellington, . Thursday.•' When questioned in regard to the New Zealand loan/ recently raised,. Sir Joseph Ward said the loan had been absolutely and ; satisfactorily 'floated.! It was, he said, obtained at £98 10s, while that floated recently for New South Wales ; brought only £96. . The public took 85 per cett. of the loan. There was thus only 15 per cent, in the hands of the underwriting brokers. The fact of 85 per cent, havirg •been taken■• straight out at £98 10s : is. exceedingly satisfactory, and no loan has been floated ■ so well for a considerable time. '7"' '• : -'" ; .; " . '

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/NZH19100415.2.22

Bibliographic details

New Zealand Herald, Volume XLVII, Issue 14345, 15 April 1910, Page 4

Word Count
106

THE NEW LOAN. New Zealand Herald, Volume XLVII, Issue 14345, 15 April 1910, Page 4

THE NEW LOAN. New Zealand Herald, Volume XLVII, Issue 14345, 15 April 1910, Page 4