MR WARD IN LONDON.
London, April 26. Toe Hon J. G. Ward, in his addross before the London CHamber of ; Com merce, said tbe financial institutions of New Zealand were flooded with' enquiries as to what openings existed for foreign" capital. Great Britain was losing a large amount, of trade by her lack of energy and her refusal to subsidise steamers; whereas foreigners wore keenly pushing into any openings available, Ho urged that critics in the financial press neglected to compare the debt and private wealth of New Zealand per head. The latter was tho second largest in the world. In connection with the Advances tc. Act, Mr Ward has arranged with Bank of England to issue, tomorrow, a 3-per cent loan .of a million and a-half, with a minimum of 90. Tenders close on Thursday. A ;
V .London,. April 27. The New Zealand Loan is quoted at from 3£ to 4. per cent premium. Up to now only a few transactions have taken place, but the successful floating of the loan is assured:
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Te Aroha News, Volume XI, Issue 1735, 1 May 1895, Page 2
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174MR WARD IN LONDON. Te Aroha News, Volume XI, Issue 1735, 1 May 1895, Page 2
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