N.Z. LOAN
GOOD RECEPTION
(By Telegraph--Per Press Association.)
AVELLINGTON, May 5
Private* advice lias been received at Wellington that the London Observer” in a leading article stale' that New Zealand script is popula. m fi:.i ncial circles, because li.e Dull .mi i- i) free front indnstf/il. troil'les and the., conservative 'management of her finances.
LONDON, Alay 5. The New Zealand £5,500,000 loan (prospectus lias been issued. The “Aborning Post’s” financial correspondent expresses the opinion that it should be attractive to trustees and to brokers searching for a well secured return of just over 5 per cent, for nearly twenty-five years.
The correspondent adds: “That New Zealand is fortunately free from labour trouble. He says it is interesting to know that even Alay Day passed without a single demonstration in the Dom’Vnn.
“Tfio “Financial: Times” says: “New Zealand’s credit stands high, and the surrounding circumstances appear to be auspicious for tliis investment.
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Hokitika Guardian, 6 May 1930, Page 6
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151N.Z. LOAN Hokitika Guardian, 6 May 1930, Page 6
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