COMMERCIAL
LOCAL BODY LOANS. [PEB PRESS ASSOCIATION.] DUNEDIN, February 13. Tho response to an invitation to re invest extended to the holders of bonds in the city’s two maturing loans of £360,000 has not been encouraging, largely due to the fact that other bodies are on the local market at 55 cent to the City Council’s 5 pe’’ cent. The council is accordingly applying to the Minister for authority, to pay the higher rate. CANADIAN WHEAT PRICES. 1 WINNIPEG, February 13. Wheat prices closed to-day with gains of from two and a-half to two and three-quarter cents per bushel. STOCKS AND SHARES. AUCKLAND, February 15. Sales: Bank of New Zealand 44/9; Inscribed 51 per cent. 1937, £99/10/ , £99/7/6; National Bank 71/-; Loan 51 per cent. (1933) £9B/10/-. WELLINGTON, February 15. Reported sales: 5J per cent, Stock, 1933, £9B 15/-; 51 per cent 1937, £99 10/-.
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Bibliographic details
Greymouth Evening Star, 15 February 1932, Page 9
Word Count
145COMMERCIAL Greymouth Evening Star, 15 February 1932, Page 9
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