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The Wellington City Council are floating an attractive loan of £59,000 at 5i per cent, for a term. of 10 years repayable in 1934. The interest anc. principal are free of exchange in New Zealand. The debentures are for £lOO each. A sinking fund of 1 per cent, will be established in connection with tho loan. The loan and the interest and sinking fund are secured by a special rate of 7-100ths of a penny in the £ on the unimproved value of the Citv of Wellington. Trustees and investors may invest in these municipal debentures. Applications should be made promptly to ths City Treasurer, Town Hall. Wellington.—Advt.

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https://paperspast.natlib.govt.nz/newspapers/DOM19240424.2.30.3

Bibliographic details

Dominion, Volume 18, Issue 180, 24 April 1924, Page 6

Word Count
107

Page 6 Advertisements Column 3 Dominion, Volume 18, Issue 180, 24 April 1924, Page 6

Page 6 Advertisements Column 3 Dominion, Volume 18, Issue 180, 24 April 1924, Page 6