TIMARU HARBOR FINANCE
DEBENTURES FOR £232,000 ■ TAKEN UP IN DOMINION. (Press Association Teleeram.j TIMARU, July 23. The chairman of the Harbor Board to-day announced that debentures for the renewal of loans falling due next year, to a total of £232.000, lias been taken up in the Dominion at 5 per cent at par. Tlie Board managed th<> business itself and saved brokerage, etc., and gained a few hundred pounds over expenses irom premiums. An earlier loan renewed last year at 5 per cent. The chairman remarked that the promptitude shown in taking up the debentures was evidence of investors’ faith in the resources of South Canterbury and the Board was freed from anxiety regarding the loan for the next 20 years.
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Gisborne Times, Volume XLV, Issue 3990, 24 July 1915, Page 2
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121TIMARU HARBOR FINANCE Gisborne Times, Volume XLV, Issue 3990, 24 July 1915, Page 2
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