THE FOUR MILLION LOAN.
Tie four, million New Zealand loan which, is (being'ipjlbeedi'Tipon the ■London; imarkeit as a good tiling for investorls, 'but >a bad tilling for the Domwir ion. The Ibondis are 'being issued for only two yeuirs, at' 3£ per cent, interest, and the Treasury will receive only about £9B for eveiry £IOO borrowed. The cost oif the Joan will 'thus be amyrthliing between 4J per .cent, and 5 per cent, per anmum. There are not a few an; New Zealand who would have been glad' of the opportunity, to invest in these honds,' and it, is .'unfartunaite that a portion of the leaii was not offered locailily. In the miEantiime it will fbe intereisting to 'know whether the (Advances /to Settlens Office will he> able to maike advances to settlers en the sarnie terms as in the ipast.
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Wairarapa Age, Volume XXXII, Issue 10656, 11 June 1912, Page 4
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141THE FOUR MILLION LOAN. Wairarapa Age, Volume XXXII, Issue 10656, 11 June 1912, Page 4
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