THE FALL IN CONSOLS
CAUSES OF THE DROP. London, June 3. The Government Statist, discussing the fall in Consols, says the Bteady redemption of the public debt at the present rate ought in three years to raise the price of Consols to par. Tho first cause of the stagnation was the late Government's failnre to make the sinking fund effective; the second uncertainty respecting the Rand gold mining industry; and the third delay by the joint stock banks to accumulate adequate reserves.
Permanent link to this item
Hononga pūmau ki tēnei tūemi
https://paperspast.natlib.govt.nz/newspapers/TDN19070605.2.12.4
Bibliographic details
Ngā taipitopito pukapuka
Taranaki Daily News, Volume L, Issue 59, 5 June 1907, Page 3
Word count
Tapeke kupu
82THE FALL IN CONSOLS Taranaki Daily News, Volume L, Issue 59, 5 June 1907, Page 3
Using this item
Te whakamahi i tēnei tūemi
Stuff Ltd is the copyright owner for the Taranaki Daily News. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International licence (CC BY-NC-SA 4.0). This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Log in