AT A BIG PREMIUM
N.Z. GOVERNMENT LOAN SUBSCRIBED EIGHTEEN TIMES ALLOCATIONS VERY SMALL By Telegraph.—Press Assn.—Copyright. Australian and N.Z. Cable Association. LONDON, June 3. The subscriptions to the New Zealand £0,000,000 loan total £110,000,000. Applications from £IOOO to £4900 receive £IOO each. Applications from £SOOO to £9900 receive £2OO each. The larger applications are allotted about 4 per cent. Dealings in the stock opened at a premium of 1 per cent., and reached li per cent, when the “stags” began to sell. The premium was maintained, and when the exchange closed quotations were unchanged.
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https://paperspast.natlib.govt.nz/newspapers/NZTIM19260605.2.52
Bibliographic details
New Zealand Times, Volume LIII, Issue 12465, 5 June 1926, Page 5
Word Count
94AT A BIG PREMIUM New Zealand Times, Volume LIII, Issue 12465, 5 June 1926, Page 5
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