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DOMINION STOCK MARKET

22,000 APPLICATIONS FOR LOAN.

LONDON ALLOTMENTS ANNOUNCED

By Telegraph.—Press Association. Auckland, May 8,

In a statement telephoned from Rotorua, the Premier (Sir Joseph Ward) states he has received a cable from the High Commissioner for New Zealand (Mr. T. M. Wilford) stating that the total applications for the London loan were 21,852, aggregating £19,577,800 of stock.

Allotments have been made as follow: (1) Applicants for £lOO receive nil; (2J £2OO up to £5OO receive £100; (3) over £5OO receive just under 30 per cent. Dealings commenced on the Stock Exchange the morning of May 7, opening at about £9B 17s 6d to £99, and closing in the afternoon at about £99.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/TDN19300509.2.88

Bibliographic details

Taranaki Daily News, 9 May 1930, Page 11

Word Count
114

DOMINION STOCK MARKET Taranaki Daily News, 9 May 1930, Page 11

DOMINION STOCK MARKET Taranaki Daily News, 9 May 1930, Page 11