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slow, it lias been sure. The Commonwealth policy is to convert gradually the whole of the optional stock bearing interest above 4 per cent., and it is hoped that bv the end of the year little of the original £84.000,000 of high interest bearing optionals will remain for conversion. Of the total of £517,000,000 owed in London, Australia had optional rights to vepav approximately £129,000,000, of which £15,000,000 was Commonwealth stock. About £45,000,000 bears interest of from 3 to 4 per cent., and of the balance about £43,000,000 has already been converted. Women io the number of 24S arc workiim' n« deaconesses in the Church of England in Britain.

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https://paperspast.natlib.govt.nz/newspapers/ODT19330801.2.111.6

Bibliographic details

Otago Daily Times, Issue 22020, 1 August 1933, Page 11

Word Count
109

Page 11 Advertisements Column 6 Otago Daily Times, Issue 22020, 1 August 1933, Page 11

Page 11 Advertisements Column 6 Otago Daily Times, Issue 22020, 1 August 1933, Page 11

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