NEW ZEALAND STOCK.
The ' 'lnvestors' Review" of February 10th mentions a rumour thai the (iove nun-cut cf New Zealand had been soiling a large amount of -i's per cent stock in the market without public advertisement. We do not know. whether this is true or not, but tho action <,f Sir .Icseph Ward in allowing the most favourable time for float-ins a loan to slip by without taking advantage- of it is, i.n the opinion, of the Ohristchunch I'erss, bound -to place u<> in an awlnvnrd-position. The selling of stock on tiho London market in the manner indicated m:ay have bee.i necessary, owring to the coal -strike land,other causes making it hope'tvs to got the money from the • market open by the public issue of a loan. There is no question that the | ostponeanent c-f. tho operation w;>.« fraught with considerate risk,' and 'if .it were done by the Finance Mil is/tor for tho punpose of embirrassing Uris successor, it sliowed a disregard of tilie country's- interests w!u h vas almost criminal.
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Wairarapa Age, Volume XXXII, Issue 10595, 29 March 1912, Page 4
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172NEW ZEALAND STOCK. Wairarapa Age, Volume XXXII, Issue 10595, 29 March 1912, Page 4
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