LOAN CONVERSIONS
BRITAIN COMES AGAIN. (British Official Wireless.) RUGBY, Sept. 16. The announcement that a further £35,000,000 of the 5 per cent War Loan has been converted into 34 per cent stock has led to the opinion being expressed in the city that the amouhr which will be required to pay off holdders on December 1. who have refrained from converting, will not exceed £100,000,000. At present redemption has been sought in respect to only £88,000,000, and no action has yet been taken in regard to £112,000,000, but it is known that many holders of stock have refrained from converting it during the bonus period in order to save thp bonus money. Their stock will be automatically converted at the pud of thp present month. FRENCH CONVERSION LOAN. PARIS, Sept. 16. France is converting nearly £l.OOO. 000,000 5 per cent and 6 per cent stocks to 44 per cent.
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Grey River Argus, 19 September 1932, Page 8
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149LOAN CONVERSIONS Grey River Argus, 19 September 1932, Page 8
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