CANADA’S BIG LOAN
ONE HUNDRED MILLION DOLLARS.
[United Press Association—By Electric Telegraph.—Copyright.] NEW YORK, Oct. 2. The “New York . Herald-Tribute's” ..financial editor states: Arrangements .have been virtually completed for ; one hundred million dollar loan for Canada in the local, market, which is the-largest offeiing for the year. A banking group headed by the Chase Securities Corporation will underwrite tlie issue at four per cent for thirty years, which will he offered at a figure which will yield Lire investor four pyint four, to four point nix per cent The proceeds of this loan are for : 1930-1931 refunding operation. T'h Canadian Government jbelieves that the’issue will be sold only in New York and Canada.
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Hokitika Guardian, 4 October 1930, Page 5
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113CANADA’S BIG LOAN Hokitika Guardian, 4 October 1930, Page 5
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