Games park loan
Advertising for the Christchurch City Council’s Queen Elizabeth II Park loan has ceased, said the City Treasurer (Mr L. A. G. Rich), yesterday, but subscriptions in the loan would be accepted for a further perod.
So far, $76,000 has been subscribed for the second issue of this loan, which seeks to raise $500,000. The city had to open this (loan at the present time because it was only on the marI ket four times a year, Mr I Rich said, and a steady flow lof cash had to be maintained I for the Games park. “It might have been more, advantageous to have an issue of the Christchurchl Town Hall on the market just now,” he said. “Let us hope that the tremendous interest generated in this project is still extant when the balance of this loan—an amount of $360,000 —opens for subscription in November.”
Aid from school A cheque for $3O0 —money raised by the overseas aid committee of Burnside High School — was presented to Mr A. B. Duncan, the chairman of the North Canterbury centre of the New Zealand Red Cross Society, at a school assembly yesterday.
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Bibliographic details
Press, Volume CXII, Issue 33035, 30 September 1972, Page 18
Word Count
192Games park loan Press, Volume CXII, Issue 33035, 30 September 1972, Page 18
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