Still few lenders
With only three weeks remaining before the Christchurch City Council’s $400,000 loan closes, local subscribers have contributed only $5lOO.
The loan, for work at Queen Elizabeth II Park and street improvements in the city, was opened on February 15, and it was more than a week before anything was invested. The general opinion of council officers is that the loan sets a record for lack of response. The loan is underwritten.
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Bibliographic details
Press, Volume CXIV, Issue 33478, 8 March 1974, Page 1
Word Count
74Still few lenders Press, Volume CXIV, Issue 33478, 8 March 1974, Page 1
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Acknowledgements
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