WAR LOAN
SATISFACTORY APPLICATIONS. DIFFICULTY WITH CONVERSION OF CONSOLS. (Received June 26, 8.40 a.m.) LONDON, 25th June. I It is understood that applications for the war loan are satisfactory The Bank of England has issued four million prospectuses. It is still difficult to cell Consols, as it is doubtful how trustees and many other holders will be able to raise the money to make application for the war loan, which is necessary before the conversion rights accrue. Many City men advocate that the "rights" should be made detachable, so that rights to convert Consols ca-n be bought and sold.
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https://paperspast.natlib.govt.nz/newspapers/EP19150626.2.44.22
Bibliographic details
Evening Post, Volume LXXXIX, Issue 150, 26 June 1915, Page 7
Word Count
99WAR LOAN Evening Post, Volume LXXXIX, Issue 150, 26 June 1915, Page 7
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