THE AMERICAN LOAN
DETAILS OF SECURITIES,
(Received August 17, 2 p.m.)
NEW YORK, 16th August. Further details of the new American loan, to the British Government state :—
The notes will shortly be offered to the public at 99, plus interest. British taxes will not be assessed against the notes. The securities consist of three groups—the bonds and stocks of American corporations, Canadian Government bonds and Canadian Pacific Railway bonds, and the bonds and other obligations of specified neutral Powers. In each case the bonds must have a total value of a hundred million dollars, and the aggregate market value must be at least 20 per cent, in excess of the face value of the loan.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/EP19160817.2.125.14
Bibliographic details
Evening Post, Volume XCII, Issue 41, 17 August 1916, Page 8
Word Count
115THE AMERICAN LOAN Evening Post, Volume XCII, Issue 41, 17 August 1916, Page 8
Using This Item
Stuff Ltd is the copyright owner for the Evening Post. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons BY-NC-SA 3.0 New Zealand licence. This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Log in