29 JANUARY 1927, Page 30
NEW ISSUE SUCCESSES.
Notwithstanding time moderate .setback in some high-elm investment stocks after their prolonged rise, the response d the investor to new issues of caoital of a sound charattet continues to be excellent. As re■-■;ards Trustees stocks, a better evidence could be given t-7...n of the fact that in the ease of the Nigerian Loan offered last week for 24,250,000 it 5 per cents. at par the total was oversubscribed within a hour. Again, in the matter of sound industrial issues, it may be noted that the offer by the White Star Line of £2,500,000I 61 per cent. Cumulative Preference Shares at par was alb quickly oversubscribed.
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