COLONIAL SCRIP RISES.
OWING TO CHEAP MONEY. |B» TKI.EOHirU—MESS ASSOClATlON—coryiirani ) London, April i. Now South Wales scrip is selling at I per cent, premium, and Queensland at $ per cent, premium. [For some weeks past the New South Wale-, loan (,El,580,000) and the Queensland loan (.£2,500,000) hove been quoted at discounts, -n the caso ef Ihn former tho public subscribed only xclio.mo, loaving the underwriters with .£980,000. io tho case of the Queensland loan Iho underwriters were saddled with 84 p O r cent The premiums referred to above-due no doubt to cheap money—will enable tho underwriters to unload.]
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Dominion, Volume 2, Issue 475, 6 April 1909, Page 5
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98COLONIAL SCRIP RISES. Dominion, Volume 2, Issue 475, 6 April 1909, Page 5
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