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FINANCES OF AFRICA

CONVERSION LOAN PLAN

(Rccd. Nov. (i, 9 a.m.) CAPETOWN, Nov. 4

The South African Government has drafted proposals for the conversion of £14.000,000 worth of new loan stock. It will bo issued at: £99 10s for 10 years at 33 per cent. The Minister of Finance, Mr. ,1. 11. I-lofTmeycr, is seeking the co-opera-tion of financial institutions to maintain cheap money.

R.A.F. PROMOTION

(British Ofiieinl Wireless.) Reed. noon. RUGBY, Nov. 5. The King has approved of the promotion of Air Vice-Marshal R. E. C. Peirse, deputy chief of the air staff, to be acting air marshal on his appointment as an additional member of the Air Council,

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/GISH19391106.2.48.5

Bibliographic details

Gisborne Herald, Volume LXVI, Issue 20087, 6 November 1939, Page 7

Word Count
110

FINANCES OF AFRICA Gisborne Herald, Volume LXVI, Issue 20087, 6 November 1939, Page 7

FINANCES OF AFRICA Gisborne Herald, Volume LXVI, Issue 20087, 6 November 1939, Page 7

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