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Gisborne Harbour Board.

m. n- •_ tt i? Isul » ,! NE, This Day. The Gisborne Harbour Boar.l deoided last night to cell ita flae plant, oinaiating of a forty-tou Hercules nnd Golinth orane, loooinotivp, &o, t) tho Napier Harbour Brard, whioh will soon need suoh maohinery for addit ; ons bo its works. Tho Bjard also decide! to pmmobo a bill next session bo compel tbo Puhlio Tnis- tee bo iove.b its loan money suhj ot to tho control of the Board. The Publio Trußtfo haß lent it to tho Go-vernm-nb at 4. p?r oent. Tho Board has to pay the Loglish bondholders five per cent. Thu3 tha dub iot loses £1000 psr aonum, The Board says thab the n_on<-y oiuld be readily i-ivei-b d in the distriot on firet-olaea seourity at nob lets than six per oeut.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/NEM18940428.2.10.2.8

Bibliographic details

Nelson Evening Mail, Volume XXVIII, Issue 98, 28 April 1894, Page 2

Word Count
135

Gisborne Harbour Board. Nelson Evening Mail, Volume XXVIII, Issue 98, 28 April 1894, Page 2

Gisborne Harbour Board. Nelson Evening Mail, Volume XXVIII, Issue 98, 28 April 1894, Page 2