BIG SAVINGS
London, November 2. The new loan marks the completion of the Government eonversions allowable at present under the British Trade Act until 1934, when £156,000,000 Treasury bonds will mature. The budgetary saving on the latest eonversions will be approximately £5,500,000. The total savings from these sourees to date after allowing for reductions in income tax receipts is about £30,000,000.
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Bibliographic details
Rotorua Morning Post, Volume 2, Issue 370, 3 November 1932, Page 5
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61BIG SAVINGS Rotorua Morning Post, Volume 2, Issue 370, 3 November 1932, Page 5
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