WRONG FIGURES.

Dominion, Volume 6, Issue 1588, 4 November 1912, Page 4

WRONG FIGURES.

MR. RUSSEIX AT FAUI/T. When the Lotin Bill was being debated in the House, of Representatives on 3Tri% day night, Mr. G. W. Russell, one of the leaders of. the Opposition, set out to show that the crcdit of the Massey Government was not gopd in London. His meth'&dof doing so was toi allege that New.' Zealand stocks had dropped more ill price, than the stocks p.f aiiy Australian: State during the 'term of office of the Massey Government. Ho i'ead figures which ceitainly seemed .to" mean that our stocks' ' had 'fallen rather more' than most, but the figures seem to have come from iin unreliable source. At regular intervals the prices of stocks are quoted ,in New Zealand newspapers, and thij following' were the prices as quoted on June 29, be- 'i fore Mr. Massey took office, and on Octo-; b©r 261— June 29. Oct. 20. | New South Wales Si's 935. 91 (A drop of £l 10s.) Victorian SJ's 951 9® ' (A drop of £5 10s.) Queensland SJ's. 953 92 (A drop of iGB 7s. Od.) Western Australian's 84| ■92 ■ (A drop of £2 10s.) Now Zealand 3J's ...... 9ii 92 (A. drop of S& 10s.) So it would appear that New Zealand stocks, instead df having fallen -more, have fallen less than those of any Australian State, save one, and that they still command .as good a price . a.S the stocks of any of the sister colonies,