LONDON MONEY MARKET.
RISE OF GILT-EDGED STOCKS.
Australian and N.Z. Cable Association.
(Reed. 6.30 p.m.) LONDON. Feb. 18. The prospectus of the Victorian loan of £4,000,000 will be advertised on Monday. The final instalment is payable in April, and six months'- interest is payable on October 1. Financial circles consider that owing to favourable money conditions the loan will be readily taken up. All gilt-edged stocks continue to advance. Consols are now at £55 10s, and one sale was made at £56 ss. The 5 per cent, war loan is at £95 10s, as against £94 on Thursday. Several transactions were effected at £96 £s.
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https://paperspast.natlib.govt.nz/newspapers/NZH19220220.2.57
Bibliographic details
New Zealand Herald, Volume LIX, Issue 18020, 20 February 1922, Page 7
Word Count
105LONDON MONEY MARKET. New Zealand Herald, Volume LIX, Issue 18020, 20 February 1922, Page 7
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