GOVERNMENT LOAN.
OFFICIAL FIGURE, £4,704,000. ASSISTANCE TO STAT& (By T elegrapti.—Press Association.) ( HKISTf'HURCH. Friday. A tcital nf £4.704.000 approximately was subscribed for the Government's internal loan announced little more than a fortnight a,no. Tlie loan was of £4..">00.000. and was offered in two sections. eacii df which returned more than 4 per cent. In making this announcement this evening, the Prime Minister, tlie Rt. Hon. M. .f. Savage, who is actingMinister of Finance, said that accordingly application ftn* sums up to £30.000 will receive allotment in full, and applications for amounts of more than £.•{O.OOO will receive 00 per cent of the total applied for. "The result is very gratifying. and I wish to thank subscribers to the loan for the assistance they have rendered to the State."' said the Prime Minister, "fain satisfied that subscribers were actuated more by this thought than by the thought of pecuniary gain to themselves."
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Bibliographic details
Auckland Star, Volume LXX, Issue 129, 3 June 1939, Page 7
Word Count
151GOVERNMENT LOAN. Auckland Star, Volume LXX, Issue 129, 3 June 1939, Page 7
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