MONEY FOR AUSTRALASIA
AUCKLAND AND NEW SOUTH WALES SEEKING LOANS.' — . A Pi«m Association—By m LONDON, February 12. ■ (Received Feb. 13, at 5 p.m.), H The City, of Auckland is. issuing 1 £343,000, in 4 per cents., with 21 years' currency, at 101$.. New South Wales is issuing a £2,750,000 loan, carrying 3$ per ccnl., at 97, with a half year's interest payable on July 1, making the net price £95 3s sd. The loan has been underwritten on 'tho usual ternis. Tho holders of maturing 4 'per cents, have' been... offered an equal amount of new stock, with a cash payment of £4 2s 6d, of which £3 is for '. the difference in valued of the stock, and " ' £3 for the coupon due,, on July 1, less 17s 6d interest. The .list closes on tho 17th, and cash applications for conver- ", sions on the 22nd. [There is obviously a telegraphic error ,' ,i in these figures; £4 2s 6d should, pro- 'I bably, be £5 2s 6i] v l
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/ODT19100214.2.42
Bibliographic details
Otago Daily Times, Issue 14757, 14 February 1910, Page 5
Word Count
168MONEY FOR AUSTRALASIA Otago Daily Times, Issue 14757, 14 February 1910, Page 5
Using This Item
Allied Press Ltd is the copyright owner for the Otago Daily Times. 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 Allied Press Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Log in