LOAN CONVERSION
LONDON PROSPECTS.
(United P«ess Association—By Electric
Telegraph—Copyright.)
LONDON, August 2(5
Commenting on the visit of Mr Downie Stewart, Now Zealand Finance Minister, and Mr Park, of the New Zealand treasury to London, the “Financial News” says:—The position is sufficiently re-assuring to make possible a conversion of .earlier Now Zealand issues on reasonably favourable terms, but it is doubtful, however, whether any spectacular saving (ouhli be a liicved for tile Dominion, which in tl:<* past, lias rarely bad to furrow on really expensive terms. Tts credit at the moment is approximately on a 4-1 per cent basis.
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Hokitika Guardian, 27 August 1932, Page 5
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98LOAN CONVERSION Hokitika Guardian, 27 August 1932, Page 5
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