N.Z. LOAN
[United Press Association--By ElectricTelegraph—Copyright.]
LONDON, May 6
Though the New Zealand loan has been over-subscribed within a few hours, the total subscriptions are at present unknown. The letters of .allocation are being despatched to-morrow.
The “Morning Post’s” financial editor says:— The success of the New Zealand loan confirms the impression that there is ample money available for investment the demand at present being limited to securities of the “safety first” order, among which New Zealand’s reputation deserves a high place
(Received this dnv at 9 25 a m.) LONDON, May 6.
Letters for those .allotted the New Zealand loan will not be issued till 7th May. The applications were more numerous and the total subscription larger than anticipated when'The list was closed.
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Hokitika Guardian, 7 May 1930, Page 5
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124N.Z. LOAN Hokitika Guardian, 7 May 1930, Page 5
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