• Touching on the' increase in the exchange rate, the chairman of the -Auckland Electric Power Board, Af ( . \V. J. TToldsworl-h, said that body had a loan of .0224,000 maturing in London on'March".! next, and the higher rate of exchange meant that the hoard would have lo find an additional C 58,0.00. It was a serious position, and the worst of it was that uQ possible provision could have hoot made to avoid the large amount of extra money the hoard would have to provide. , , . ~ ,
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Bibliographic details
Gisborne Times, Volume LXXIII, Issue 11841, 24 January 1933, Page 7
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84Untitled Gisborne Times, Volume LXXIII, Issue 11841, 24 January 1933, Page 7
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