£20,000 Loan Flotation
It was reported to yesterday’s meeting- of the Poverty Bay Electric-Power Board that the raising of a loan of £20.000 for tlie extension of the reticulation system had been completed at an interest rate of £0 (is 3d per cent. The allowable maximum rate of interest on the loan was £3 7s Od, and the board was able to congratulate itself upon floating the loan without the addition of charges running beyond the allowable rate oi' interest Coupons For Suits
The coupon system, as applied to men’s clothes, is understood to be about to change. At present 1(1 coupons are required for a suit. The new. system, it is believed, will raise this to 24 coupons and persons desiring suits will have to present their ration books at the post office for tiie necessary authority. This is to prevent the practice, now believed common, of using other persons books, particularly those of members of the one family. It will also have the effect of ensuring that available materials are more evenly distributed, particularly having regard to the needs of returned servicemen.
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https://paperspast.natlib.govt.nz/newspapers/GISH19450630.2.28
Bibliographic details
Gisborne Herald, Volume LXXII, Issue 21753, 30 June 1945, Page 4
Word Count
184£20,000 Loan Flotation Gisborne Herald, Volume LXXII, Issue 21753, 30 June 1945, Page 4
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