TRANSVAAL STOCKS.
LONDON, August 20. Transvaal five per cents, rose one on the Stock Exchange, as a result of an announcement that Great Britain will pay the last two and all future coupons on presentation, less income-tax. Mr Kruger’s Government will be held responsible for the coupons dated 1900, which, however, bondholders, with a view to receiving payment of the other coupons mentioned, must surrender, undertaking to accept the principal at car after receiving a quarter’s notice. It is believed that the majoruv of bondholders will willingly accept the offer.
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Bibliographic details
New Zealand Times, Volume LXXI, Issue 4441, 22 August 1901, Page 5
Word Count
90TRANSVAAL STOCKS. New Zealand Times, Volume LXXI, Issue 4441, 22 August 1901, Page 5
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