FULLY SUBSCRIBED
9*. Glasgow Mortgage Loan LABOUR COUNCIL’S STEP (Received June 25, 5.15 p.m.) Loudon, -June 25. Declining to accept the terms suggested by the Bank of England for conversion of £2,500,000 of 5 per cent, stock, the Glasgow Corporation, on which there is a Labour majority, decided to raise the money by means of a three per cent, mortgage loan. It is announced that it has been fully subscribed.
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Bibliographic details
Dominion, Volume 28, Issue 230, 26 June 1935, Page 9
Word Count
70FULLY SUBSCRIBED Dominion, Volume 28, Issue 230, 26 June 1935, Page 9
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