The loan of <£25,000 in 7 per cent, debentures for the harbour improvements of Auckland, New Zealand, was adjudicated on the 18th of November, at the Union Bank of Australia. The minimum fixed was 105, at which there were biddings for £12,000. Tenders were also sent in for £20,000 above that price, the highest offer being 108;’-. The subscribers above 105 will consequently receive allotments in full, while the applications at 150 will experience a pro rain reduction.
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Hawke's Bay Times, Volume II, Issue 34, 20 February 1862, Page 2
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78Page 2 Advertisements Column 3 Hawke's Bay Times, Volume II, Issue 34, 20 February 1862, Page 2
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