REDEMPTION LOAN
PLENTY OF MONEY AVAILABLE. RESPONSE IN DOMINION. (By Telegraph—Press Association). CHRISTCHURCH, Dee. 7. That there is still plenty of money available for investment in attractive gilt-edged security is indicated by the success that has so far been met with, by the Lyttelton Harbour Board in connection'with its redemption loan. Reporting at to-day’s meeting of the board Air. W. T. Lester, the chairman, said that, although only two weeks had elapsed since the board’s £136,000 redemption loan at 5J per cent, for ten years was placed on the market, those who held debentures in that part of the £99,800 loan which was floated in New Zealand had taken up debentures in the new loan to the amount of £34,350. New investors from all over the Dominion had taken Tip debentures to the value of £29,100, a total of £63,450.
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https://paperspast.natlib.govt.nz/newspapers/HAWST19321208.2.93
Bibliographic details
Hawera Star, Volume LII, 8 December 1932, Page 7
Word Count
140REDEMPTION LOAN Hawera Star, Volume LII, 8 December 1932, Page 7
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