TIMARU HARBOUR LOANS
SUCCESSFUL RENEWAL OPERATIONS. By Telegraph.—Press Association. Timaru, July 23. The chairman of tho Harbour Board to-day announced that debentures for tho renewal of loans falling due next year of a, total of £232,000 bad been taken lip in the Dominion at 5 per cent, at par. The board managed tho business itself, saved brokerage, etc., and gained a.few hundred pounds over expenses froin premiums on an earlier loan, which was renewed last year at 5 per cent. •' Tho chairman remarked that the promptitude sliown_ in taking up tho debentures was evidence of investors' faith in the resources of South Canterbury, and the board was freed from anxiety regarding its loan for the next twenty years. .
Permanent link to this item
Hononga pūmau ki tēnei tūemi
https://paperspast.natlib.govt.nz/newspapers/DOM19150724.2.110
Bibliographic details
Ngā taipitopito pukapuka
Dominion, Volume 8, Issue 2522, 24 July 1915, Page 12
Word count
Tapeke kupu
118TIMARU HARBOUR LOANS Dominion, Volume 8, Issue 2522, 24 July 1915, Page 12
Using this item
Te whakamahi i tēnei tūemi
Stuff Ltd is the copyright owner for the Dominion. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International licence (CC BY-NC-SA 4.0). This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Log in