43
to £625,500 ranging from the minimum of £95 up
The average price realised was £100, 12, 4.
We telegraphed this result to the Colonial Secretary yesterday, and we think it may be regarded as satisfactory. 3½ per cent Stock has secured a position surpassed only by the similar stock of Canada and the Cape, both large well-known and marketable issues.
We have not overlooked the suggestion made by the Governor in his despatch of 8 January No. 13 that, having regard to the price quoted for Ceylon 3½ per cent Stock, a 3½ per cent Hong Kong stock would probably be well received. It appears to us that the position of the two Colonies, as far as they are known as borrowers here, is not quite identical, Ceylon Government Securities having for many years ranked high.
43
to £625,500 ranging from the minimum of £gs up
The average
to £102, 1.0. price realisid was £100, 12, 4.
lik telegraphed this
result to the Colonial Secretary yesterday, and we think it may be regarded as satisfactory Stoug Trong 34 per cent Stock has secured a position surpassed ouly, by the Similar stock of Canada and the Cape, both large well known and marketable issives: Eve have not overlooked
the
2840 5mm
the suggestion made of the Governor in his despatch
& Sanuary
No g of the
the 13
that, having regard to the
price quoted for beylon
Stree
3 per cent Stock, a per cent Hong Kong block would probably be well received. It appears to us
that the position of
two Colonies as far
as
the
they
are known as borrowers here is not quite identical beylon Government Securitis having for many years
ranked
rade
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