The Rise in New Zealand Inscribed Stock.
[Per Pbess Association.! WELLINGTON, Oct. 1. The following information has been supplied regarding the rise in New Zealand inscribed stock: — "When the last Zealand loan was floated, a promise was given not to pub another loan on the market until after the present month — October. The fear of this loan being brought has kept down the price of New Zealand stock, notwithstanding that the half-yearly dividend was approaching. The arrangements made by the Colonial Treasurer to place money in London, and to obviate the necessity of floating a loan i for some months, has already sent up the price or 1 New Zealand stock a half per ! cent, and it ie likely to rise within the next ; few weeks two per cent at least additional.
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Bibliographic details
Star (Christchurch), Issue 6047, 1 October 1887, Page 3
Word Count
132The Rise in New Zealand Inscribed Stock. Star (Christchurch), Issue 6047, 1 October 1887, Page 3
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