MONEY MARKET.
PRESENT (SUPPLIES EXHAUSTED. PER PRESS ASSOCIATION. Received 4 11.10 p.m. Brisbane, March 4. The Premier has to-day received from London cable advices that the \ Australian three per cents are quoted at 90. This is probably the lowest figure that will be reached. It is further intimated that tumours conevrning the depressed state of the London market ciused the failure of the New Zealand flotation. The cabb concludes thai the resources are engaged in other directions. This is taken to mean that the numerous loans projected from other countries on the London market have absorbed all the resources available for obtaining money. The words "crusade ended" are takea to iodic ite that the attacks against Colonial securities hava ceased. These advicrs will probably cause the Queensland Government to withhold their loan for the present. j
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Taranaki Daily News, Volume XXXXV, Issue 55, 5 March 1903, Page 2
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136MONEY MARKET. Taranaki Daily News, Volume XXXXV, Issue 55, 5 March 1903, Page 2
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