NEW ZEALAND LOAN.
QUESTION OF INTEREST By Telegraph.—Press Assn. —Copyright. Received April 5.5 p.m. London, April 26. Over £10,000,009 was subscribed for the New Zealand loan of £5,000,000. The Australian Press Association understands that the High Commissioner discussed the advisability of adopting four and a half per cent., -because the Public Trustee prohibited investing stocks above par. He decided in favor of five per cent., as financiers advised that the probable nett result would be better.— Aus.-N.Z. Cable Assn
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https://paperspast.natlib.govt.nz/newspapers/TDN19220428.2.61
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Taranaki Daily News, 28 April 1922, Page 5
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79NEW ZEALAND LOAN. Taranaki Daily News, 28 April 1922, Page 5
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