FINANCIAL
COLONIAL LOANS IN LONDON.
By Cable.—Press Association.—Copyright
Received 13, 5 p.m.
London, February 12,
The British New Guinea Developm-?'it Company's prospectus has been issued.
The city of Auckland is issuing ',.-€343,002 in four per cents., with 21 years' currency, at 101 Vi. New South Wales is issuing a £2,700,000 loan, carrying 3'/ ; per cent., at 97. a half-year's interest being payable on .Ist July, making the net price £9O 2s sd. The loan has been underwritten on the usual terms. The holders of Hie maturing four per cents, are offered an equal amount of new stock, with a cash payment of £4 2s lid, of which £3 is for the difference in the value of th-3 stock and £2 for the coupon due on Ist July, less 17s Gd interest. The list closes on the 17th and cash applications on the 22nd.
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Taranaki Daily News, Volume LII, Issue 314, 14 February 1910, Page 5
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143FINANCIAL Taranaki Daily News, Volume LII, Issue 314, 14 February 1910, Page 5
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