Among old-fashioned members of the Stock Exchange recent news about Consols, though it is good news, is causing amaze- ; ment which' has in it a touch of protest, " Consols have no right to carry on in this way," said one in a burst of expostulation. "We're not used to it. " Look at the record! A month ago" they were moving quietly at about 71, on Thursday at," 71|, on Friday at 72 5-16. on Saturday at _ 72 15-16, on Monday at 73f. To-day has . been worse than ever up to 74 1-16 and back again to 73 15-16. We expcet that sort of thing in rubber and oil, .'and other light-headed affairs, but Consols belie their name when they start jumping points like a steeplechaser. To have our premier security . leaping V from • 71 to 74 in a few days; is. carrying ; - things too far. It will "soon be tailed v our premier insecurity. I; hearer rumours v". of gambling. Imagine gambling in Con-si sols!' It's very much as if a cow were to start frisking Jike -a .• rabbit. --" If it sigoes on much" io*ger R1 sell out and ' buy " Gan. • Pacs." ' - v.-. . ,$1":
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https://paperspast.natlib.govt.nz/newspapers/NZH19140307.2.139.55.2
Bibliographic details
New Zealand Herald, Volume LI, Issue 15551, 7 March 1914, Page 5 (Supplement)
Word Count
194Page 5 Advertisements Column 2 New Zealand Herald, Volume LI, Issue 15551, 7 March 1914, Page 5 (Supplement)
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