INTEREST ON DEBENTURES.
REDUCTION ASKED FOR. POWER BOARD'S REQUEST. [from our own correspondent.] TAURANGA, Thursday. The Tauranga Electric-Power Board submitted to the Tauranga Borough Council at its last meeting a request for a reduction of interest to 5 per cent, on £IO,OOO worth of debentures. The council decided to reply that it would be prepared to meet the Power Board if the Government could be induced to make a general reduction in interest rates.
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New Zealand Herald, Volume LXVIII, Issue 21029, 13 November 1931, Page 10
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74INTEREST ON DEBENTURES. New Zealand Herald, Volume LXVIII, Issue 21029, 13 November 1931, Page 10
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