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GISBORNE HARBOUR LOAN

( ° C\ , t GISBORNE. this day. Inquiries have been made by the Gicbnrnp u ar B°*rd "sard to therepayment of a" an 1 IM?but ari,?, d "I 18I £ and expiring on May j. out advice has been received from thp Bank of New Zealand that little can be d?n* P r " pn ' Preparing for repayment The bank's to take U c , on i iders " Premature J j the question of floating a renewal oro on n i' at P resen t New Zealand local precluded from borrowing there Should conditions alter in the interim it a mo°nth h s befS , r| k lhe nq maturity n thT' the Dominion. They do not think any satisfactorv was n fitHp n th COU i d made so f ar ahead. There was little the board could do of anv nrartimi value for another year. As fa? as the b££k wa* concerned it would not be , s commitment to take up the loan so L SL 8 ZZ ?' the tha?°nSFo»^ C S: for war twos ""™ require t0 be conserved

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/AS19420929.2.79.3

Bibliographic details

Auckland Star, Volume LXXIII, Issue 230, 29 September 1942, Page 5

Word Count
178

GISBORNE HARBOUR LOAN Auckland Star, Volume LXXIII, Issue 230, 29 September 1942, Page 5

GISBORNE HARBOUR LOAN Auckland Star, Volume LXXIII, Issue 230, 29 September 1942, Page 5