CHRISTCHURCH CITY LOAN
SUM OF £70,000 IN LONDON REDEMPTION OF DEBENTURES [BY TELEGRAPH —PRE?S ASSOCIATION] CHRISTCHURCH, Friday Negotiations for raising ■ a loan of £70,000 in London to redeem debentures maturing there on October 51, hare been virtually completed by the Christchurch City Council. The Mayor, Mr. D. G. Sullivan, M.P., states that the loan is being obtained at a satisfactory rate of interest, which should result in savings to ratepayers.
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Bibliographic details
New Zealand Herald, Volume LXIX, Issue 21326, 29 October 1932, Page 8
Word Count
70CHRISTCHURCH CITY LOAN New Zealand Herald, Volume LXIX, Issue 21326, 29 October 1932, Page 8
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