THE STOCK EXCHANGE.

Taranaki Daily News, Volume LVI, Issue 3, 4 June 1913, Page 5

THE STOCK EXCHANGE.

RUMORED FINANCIAL TROUBLES. | By Cable—Press Association—Copyright. Received 3, 5.5 p.m. London, June 2. There were heavy sales on the Stock Exchange subsequent upon rumors of financial troubles. FINANCIAL TIGHTNESS. ; AN EXPLANATION. Received 3, 10.30 p.m. London, June 3. . A loan has been arranged by Mr. Wa£t for Victoria, with a currency of nine years and the option of redemption <at the end of a quinquennium. It Will be issued in a few days. ; The recrudescence of the • Balkan troubles and.heavy German loans' have further disturbed the markets. In addiction to the Brazilian and Chinese issues, Mexico is shortly issuing a twenfy , million loan. Galls on new issues during - June are estimated at twenty million, as compared with £9,950,000 jn. 1912. • THE SOUTH AUSTRALIAN LOAN. , , Received 3, 9.30 p.m. - s London,, Jane 3. r v. The Pall Gazette, cotnnienting on South Australia's deferred attempt to raise a loan, says that the markets have' enough to handle of unplaced scrip of many issues already arranged. They will then require a short rest. Great uneasiness prevails on the markets.

FURTHER UNREST. Received 3, 11.45 p.m. London, June 3. An outstanding feature of the Stock Exchange is its depression. There has been a heavy slump in Canadian-Pacific Railway stocks, which have dropped 19 dollars in five days. TJ»> foreign Bourse ia disturbed, anjj the German loan has unsettled the Berlin Bourse.