THE DOCK TRUST BUSINESS.
TO TUB EDITOR. Sir,— The affairs of the Dock Trust have got into a very unsatisfactory oomiition. It is to ba hoped that the latest nominee of the Government (Mr Gourlcy), who has evidently given the finances of the Trust some attention, iray be able to biiag order out of chao 1 .
Mr Gourloy at last meeting ol tho Trust expressed his entire srtisfaction with its finance, and supported the disposal of the debentures at LOO. Is Mr Gourlcy prepared to say that tho Trust are iu a sound financial position, when they resolve to dispose of their LIOO debentures for LOO, costing the Trust for interest L 6 Us Id per cent., while tbe tl übor Board are obtaining HO7 10s for their LICO debentures, making tho intcrc t the Board pay L 4 13s per cent. V This may indicate a sound position in the estimation of such financiers as Mr Gourlcy, but I can’t sco it.—l am, etc., Sr Hilda. Dunedin, August 10.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/ESD18870810.2.24.7
Bibliographic details
Evening Star, Issue 7286, 10 August 1887, Page 3
Word Count
170THE DOCK TRUST BUSINESS. Evening Star, Issue 7286, 10 August 1887, Page 3
Using This Item
No known copyright (New Zealand)
To the best of the National Library of New Zealand’s knowledge, under New Zealand law, there is no copyright in this item in New Zealand.
You can copy this item, share it, and post it on a blog or website. It can be modified, remixed and built upon. It can be used commercially. If reproducing this item, it is helpful to include the source.
For further information please refer to the Copyright guide.
Log in