WELLINGTON CONVERSION LOAN.
Pitts Ais«iaticm-By Telegraph-Copyright LONDON. February 21: (Received February 21, 11 p.m.) Tho City of Wellington 4 per lenlum debentures have been subscribed.
(Pk Ukitsd Psxss Association.) "WliidjuNHTON, Febuary 21. The Mayor received information to-dav that tho city's conversion loan of £200,000 had been fully subscribed. 'Die averago prieo received is not yet known, but it will probably bo 882- This conversion operation will mean a saving in interest of £4,000 a year, a 6 per cent, loan having Jbeen.olja.nged to. fine ..of 4. per cent,
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Bibliographic details
Otago Daily Times, Issue 13834, 22 February 1907, Page 5
Word Count
88WELLINGTON CONVERSION LOAN. Otago Daily Times, Issue 13834, 22 February 1907, Page 5
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