QUEENSLAND LOAN
(By Tllectrio Telegraph.-Copyrightd (Australian and N.Z. Cable Association./
: LONDON, April 7. Tho Bank of England has issued the prospectus of the Queensland Government 5i per cent .inscribed stock, 19262). for an amount of £12,703,734, at'£99 10s per ' cent. It is redeemable at par. on ,Ist July, 1929. or on. three months’ notice after Ist July 1926. The proceeds are to he used for the redemption of Queensland 31- and 4 per cent, issues due Ist July, 1924. Holdings of the latter are convertible for a like amount in the new stock, the converter receiving on Ist July, 1924, a cash payment of 10s, plus the half-year’s dividend in, respect of the old stock. Th© lists close on 24th April.
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Bibliographic details
Nelson Evening Mail, Volume LVI, 9 April 1924, Page 10
Word Count
121QUEENSLAND LOAN Nelson Evening Mail, Volume LVI, 9 April 1924, Page 10
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