DOMINION LOANS.
RENEWALS IN LONDON. ißy Telegraph—Per Press Association.) WELLINGTON, January 26. The position regarding New Zealand loans maturing during the next fev years was briefly stated by Sir Joseph Ward to-day. He said that a statement had been published commenting on the effects of the New Zealand's maturing loans on the Dominion’s London borrowing. The amount of loans maturing had been quoted, lie said, at eighty million, and that statement might convey trie impression that debt to that amount had been renewed in the London market. “As a matter of fact, apart from the maturing of 29 millions of loans in 19251-30, a considerable portion of which (said Sir Joseph) had already been disposed of, there are no London loans falling due in London either in 1930-31 or in 193 T-32. The loans that are maturing in these years are held locally, and thus they will not aflect our overseas borrowing policy •
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Hokitika Guardian, 28 January 1929, Page 1
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153DOMINION LOANS. Hokitika Guardian, 28 January 1929, Page 1
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