THE CONSOLIDATED LOAN.
[BY BLEOIBIO tELEGBAPH— OOPY.BiaHT.I
[Peb Press Association.!
London, October 26 The average of the New Zealand Conversion Loan was £95 16s Bd. ; f
London. October 27. - For the New Zealand Conversion Loan a Syndicate tendered for ' about two millions. ".
m, „■„' ,- «ro»»X. Ooiobee 28 ihe Sydney Morning Herald" coil- ■' gratulates New Zealand upon the result " of the Loan, and hopes that the return- • mg prosperity on which it was based ' will be thoroughly established. Tha ° "Telegraph" says New Zealand mnst^ be regarded as having done remarkablyiAwell. Her first three and a half per cent^ loan venture marks a distinct advanced of her credit. ' : ;
[PlB PBBSS AsgOOIATIOITi] Xj. ff
__ WiuiNCttoir, Ootober 26 While somewhat disappointed with the .price of -the loan, after the flattaUrir * : I reports of the favor with which It la re^ | garded, tbe Government oonslder that theresult la by no means oad. It was thought' * that the publication of the Bank of New Zealand'^ report might have had aoma^ thing to do with the lower prloe, brit it U not certain that anything appeared m the London p.pera on Friday morning. Th» Agent-General baa not mentioned it In tb» telegrams received ao far, and the Premier ia inollned to attribute it to tha aotion of the brokerß.
: WBLLmaTON, October 28. t - -^SS? k «»? vlll * by tha Oonveraion Loan is £36,265 per annum for 60 yeawi from which has to be deducted £104.000' lepreaentlng the 'dlfibrenoa between thei prices obtained »nd par. I
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Ashburton Guardian, Volume VII, Issue 2265, 28 October 1889, Page 2
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246THE CONSOLIDATED LOAN. Ashburton Guardian, Volume VII, Issue 2265, 28 October 1889, Page 2
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