OTAGO LOAN SUCCESS
DETAILS OF RENEWAL
(Special to the "Evening Post.") DUNEDIN. This Day. Regarding the Otago Harbour Board's renewal loan of £600,000, the total amount offered £272,700 was applied for by those already holding the board's bonds, leaving £327,300 to bo taken up in the form of new money. For this balance applications amounting to over £1,000,000 were received. The loan was placed at £99, at Hi per cent, interest.
The latest information in regard to the Otago Harbour Board's £600,000 London renewal loan is that £272,700 was applied for by the present bond holders, while for the balance applications totalling £1,000,000 were received.
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Bibliographic details
Evening Post, Volume CXVI, Issue 147, 19 December 1933, Page 14
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105OTAGO LOAN SUCCESS Evening Post, Volume CXVI, Issue 147, 19 December 1933, Page 14
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