NEW ZEALAND LOAN.
PES PRESS ASSOCIATION. Sydney, Februtry 24. Sir John Downer dec'ares that then is no justificition for L mdon financiers declaring that colonial recui itics are not soun4. Their hostility in due in a large meaturj to the tightness of the money market, as a result of the wa", and speculato s ate o.ly too ready to fan thi fhmcs for thair own purposes. Sir John Downer, in an interview, said tbat he was much impressed during his visit to New Zealand with the possibilities of the colony, which appeared pract'cally illimitable. New Zealand, he raid, had many ad-, van ages of her ovn, and Mr Seddon seemed to be the to make the beat use of thena. Received 24,10.12 p.m. London, February 24. South Australia 3 per cents an quoted at 89|; New Zaaland 3 per cents, at 93£.
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Taranaki Daily News, Volume XXXXV, Issue 49, 25 February 1903, Page 2
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142NEW ZEALAND LOAN. Taranaki Daily News, Volume XXXXV, Issue 49, 25 February 1903, Page 2
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