HARBOUR DEBENTURES.
ISSUE OF £50,000 WORTH. EXCESS OF APPLICATIONS., The Auckland Harbour Board has readily disposed of a further £60,000 worth of 5' s per cent, debentures, this being the tenth issue under the authority obtained in 1924. Reporting to the board yesterday, the treasurer stated that there had been an excess of applications, and the expense of the issue had been only 4s per £IOO, The debentures had been taken up in amounts ranging from £IOO to £3OOO. The issue brings the total amount raised to £500,000, or half the total amount authorised. Of this, £750,000 was for harbour works and £250,000 for redemption purposes.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/NZH19290918.2.54
Bibliographic details
New Zealand Herald, Volume LXVI, Issue 20363, 18 September 1929, Page 10
Word Count
106HARBOUR DEBENTURES. New Zealand Herald, Volume LXVI, Issue 20363, 18 September 1929, Page 10
Using This Item
NZME is the copyright owner for the New Zealand Herald. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons New Zealand BY-NC-SA licence . This newspaper is not available for commercial use without the consent of NZME. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Acknowledgements
This newspaper was digitised in partnership with Auckland Libraries and NZME.
Log in