£1.000.000 Loan for Auckland.
[PBB PRBSB ASSOCIATION.] AUCKLAND, This Day. Tho Drainage Hoard lias accepted an offer from the Hank of New Zealand of a loan of £1,000,000 to l>o floated on t'lio London market. Debentures hearing interest at 4 per cent., repayable in '21 years, at 2.1 per cent., have adopted to provide for expenses a,ml cost of flotations, so as to secure for the Drainage Hoard not less tlvan 97:} per cent. ftM——»w» «ii«i 1 ri
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Horowhenua Chronicle, 28 September 1911, Page 3
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78£1.000.000 Loan for Auckland. Horowhenua Chronicle, 28 September 1911, Page 3
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