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HARBOUR BOARD FINANCES.

PORT CHARGES REDUCED.

«»r TELEOBAFH. PRESS ASSOCIATION.] Wellington, Wednesday. Mb. R. Fletcher (chairman of the Wellington Harbour Board) announced ,at a meeting of the Board to-night that the Board had raised a loan of £50,000 in Wellington at four per cent, interest at par with the right to take from £1000 to £8000 per month as required.' The Board's financial position enabled reductions in port charge© to be made as follows Harbour improvement rate, 2d per ton; inward wharfage on general -goods, 2d per ton ; concessions in regard to manures and phosphate, 8d per ton.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/NZH19111123.2.56

Bibliographic details

New Zealand Herald, Volume XLVIII, Issue 14845, 23 November 1911, Page 7

Word Count
98

HARBOUR BOARD FINANCES. New Zealand Herald, Volume XLVIII, Issue 14845, 23 November 1911, Page 7

HARBOUR BOARD FINANCES. New Zealand Herald, Volume XLVIII, Issue 14845, 23 November 1911, Page 7