AN INVERCARGILL LOAN
. o_— ■ SUCCESSFUL FLOTATION.
(Pμ United Press Assocution.) INTERCARGILL, August 29. The stability of the borough was evidenced by the confidence shown b>- tlw publio with regard to the 131 £100 debentures offered for the borough consolidation loan, tenders for which wore opened to-night. There wcro 18 tenders, amounting to £29,500. The tenders accepted were £2QOO at S por cent, premium, £2000 at £2 Is 6d, £1500 at £1 10s, £400 at £1 5s 3d, and £7200 at £1 ss. The last tender was rendered for tlio whole amount. The total premiums amounted to £259 Is. The debentures bear interest at 4i per cent., with 28 years' currency.
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Bibliographic details
Otago Daily Times, Issue 13995, 30 August 1907, Page 5
Word Count
110AN INVERCARGILL LOAN Otago Daily Times, Issue 13995, 30 August 1907, Page 5
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