FINANCIAL NEWS.
MARKET STILL BUOYANT. THE AUSTRALIAN LOAN. By Cable—Press Association—Copyright London, February 3. All kinds of Government and industrial flotations are being greatly oversubscribed. The underwriters receive about 50 per cent, of the South Australian loan. It is understood that the high price kept out speculative tenderers. [The loan is for £2.000,000, and is issued at 100. The New Zealand i% million was issued at 100%, and was sinscribed five-fold, so it is evident that the credit of New Zealand is far higher than, that of South Australia.]
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Taranaki Daily News, Volume LVI, Issue 186, 5 February 1914, Page 5
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89FINANCIAL NEWS. Taranaki Daily News, Volume LVI, Issue 186, 5 February 1914, Page 5
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