THE MONEY MARKET.
[cable news
(United Press Association — By Electric Telegraph — Copyright.)
FURTHER. DISTURBED. (Received Last Night, 10.40 o'clock.) LONDON, June 3. f The recrudescence of the Balkan troubles and the floating of heavy German loans have further disturbed the money market. In addition to Brazilian and Chinese issues, Mexico is shortly issuing a twenty million loan.
Calls on new issues during Junearc estimated at £'20,000,000, as compared with £9,950,000 in 1912.
MARKET UNEASY.
A SHORT REST WANTED.
(Received Last Night, 10.55 o'clock.) The Pall Mall Gazette, commenting on South Australia's deferred attempt to raise a loan, says the markets have enough loans"to handle. Tho scrip of a cbal of those already issued has not been placed. When this is arranged, the market will then require a short rest. Great uneasiness, it says, prevails in the markets.
SLUMP IN CANADIAN PACIFICS
FOREIGN MARKETS DISTURBED
(Received Last Night, 11.20 o'clock.) LONDON, June 3. The outstanding feature of the Stock Exchange depression .is a heavy slump in Canadian Pacific railway stocks, which have droppxl 19 dollars in five davs.
The foreign bourses are also disturbed.
German loans havo unsettled the Berlin Uourse.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/WAG19130604.2.22.23
Bibliographic details
Wairarapa Age, Volume XXV, Issue 10713, 4 June 1913, Page 5
Word Count
190THE MONEY MARKET. Wairarapa Age, Volume XXV, Issue 10713, 4 June 1913, Page 5
Using This Item
National Media Ltd is the copyright owner for the Wairarapa Age. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International licence (CC BY-NC-SA 4.0). This newspaper is not available for commercial use without the consent of National Media Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Log in