NEW ZEALAND SECURITIES.
FAVOURABLY VIEWED. (From Our Own Correspondent.) . AUCKLAND, July 31. Persistent rumours have been circulated tiiroughaut the Dominion of late that London financiers aro a bit shy of New Zealand municipal loans just now, but a denial on tho good authority of Messrs Morten Bros., of London, was laid befor-3 the City Counoil last night. This firm wrote that recent municipal loans which had_ not teen going gall there were almost entirely Canadian, whoso securities were not viewed with tho same favour as New Zealand or Australian of the same, class. Tho writers thought Auckland could plac» a. I per cent, loan at 93, or slightly better', and thoy offered to underwrite the "issue at 1« por cent.. iaeluaTDg 'brokerage.
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Otago Daily Times, Issue 14281, 1 August 1908, Page 10
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122NEW ZEALAND SECURITIES. Otago Daily Times, Issue 14281, 1 August 1908, Page 10
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