DEBENTURES AT LOW RATE
CITY COUNCIL HOPEFUL “At the present time we have applications for debentures at oh per cent.,” said the town clerk. Mr. J. S. Brigham, in reply to Cr. E. .1. Phelan, at last evening’s meeting of the City Council. Cr. Phelan had asked whether, in view of the Government’s debenture issue at £5 10s per cent., could the council hope to get money at the same The question came up during discussion on a resolution to borrow £2.300 to redeem an old Remuera road ioan of £4,000. The Transprt Board has recently had to offer 5J per cent, in selling £IIO,OOO worth of debentures to a. 10.-o*. financial institution.
Permanent link to this item
Hononga pūmau ki tēnei tūemi
https://paperspast.natlib.govt.nz/newspapers/SUNAK19300221.2.141
Bibliographic details
Ngā taipitopito pukapuka
Sun (Auckland), Volume III, Issue 903, 21 February 1930, Page 12
Word count
Tapeke kupu
113DEBENTURES AT LOW RATE Sun (Auckland), Volume III, Issue 903, 21 February 1930, Page 12
Using this item
Te whakamahi i tēnei tūemi
Stuff Ltd is the copyright owner for the Sun (Auckland). You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International licence (CC BY-NC-SA 4.0). This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Log in