AUCKLAND HARBOUR BOARD LOAN.
There is every reason to believe that, the loan of the Auckland Harbour Board of £250,000 has been underwritten in London. This is a portion of the million loan for the new harbour improvement scheme and reconstruction of wharves in reinforced concrete. It will probably be found that the loan has been floated at a premium, the "underwriters issuing it at 101, carrying interest at the rate of 4£ per cent, and a currency of twenty years.
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Evening Post, Volume LXXVI, Issue 142, 15 December 1908, Page 8
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81AUCKLAND HARBOUR BOARD LOAN. Evening Post, Volume LXXVI, Issue 142, 15 December 1908, Page 8
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