CHRISTCHURCH LOAN.
Tenders for the Christchurch Municipal loan of at 5 per cent, with a minimum of 102 were opened to-day. The tottlj amount tendered was £96,000, the average being >£ioo 15s. The prospectus of a London produce clearing house has been issued. The leading financiers are the prime movers m the affair. The capital is 1,000,000. The "Standard" man article referring to the Company expresses the opinion that it is simply to facilitate gambling m dealing with sugar and coffee.
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https://paperspast.natlib.govt.nz/newspapers/AG18880225.2.13.6
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Ashburton Guardian, Volume VII, Issue 1776, 25 February 1888, Page 2
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81CHRISTCHURCH LOAN. Ashburton Guardian, Volume VII, Issue 1776, 25 February 1888, Page 2
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