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DOMINION’S FINANCE.

RAISING THE LOAN. APPLICATIONS SATISFACTORY. (BY TELEGRAPH PRESS ASSOCIATION.) ASHBURTON, Nov.' 2. At his meetings on Saturday, Mr. Noswortliy, referring to the 5£ per cent, loan now being raised for State advances, said that applications were coming in satisfactorily, and there was every prospect that the amount required would be obtained. Offers to subscribe substantial sums had been received from overseas investors, some of which had been accepted. As these investors are shrewd judges of security, this could be taken as a good indication of the Dominion’s high credit and financial status. He added that our last London loan, raised in May, was-now quoted on the London market at a premium of 7s 6d.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/HAWST19251102.2.71

Bibliographic details

Hawera Star, Volume XLV, 2 November 1925, Page 11

Word Count
116

DOMINION’S FINANCE. Hawera Star, Volume XLV, 2 November 1925, Page 11

DOMINION’S FINANCE. Hawera Star, Volume XLV, 2 November 1925, Page 11

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