THE NEW ZEALAND LOAN.
PRESS CRITICISM. [By Electric Telegraph—Copyright] 'j [United Press Association.) London, October 10. The Daily Mail characterises the New Zealand loan as cheap at four per cent. The Financial Times says that th bonds are a good investment in them selves, but as a means of exchanging intoi stock offer no advantages on the current market price. , ] A MINISTERIAL STATEMENT. f [Per Press Association^ Wellington, October 10. Regarding the following cable from London, dated October 7: “The underwriting of a New Zealand £3,500,000 4 per cent loan at 98 is proceeding,” the Minister of Finance this eVening said that the statement was incorrect. It is understood, however, that a loan for, the repayment of short-dated loans is to be floated in the near future.
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Bibliographic details
Stratford Evening Post, Volume XXXVII, Issue 35, 11 October 1913, Page 5
Word Count
127THE NEW ZEALAND LOAN. Stratford Evening Post, Volume XXXVII, Issue 35, 11 October 1913, Page 5
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