GENERAL TELEGRAMS.
INVERCARGILL LOAN. By Telegraph.—Pres» Association. Invercargill, Last Night. Faith in the stability of Invercargill was demonstrated to-night, when the Town Council dealt with tenders for raising £17,000 by means of 4% per cent loan debentures, the money being required for paying off. old debentures about to mature. There were seventeen applicants, the majority being Inveroargiii residents. They sought various amounts, one offering to find the whole sum. The total offered was £47,400. Three offered at par, and the rest stated premiums ranging from 7s 6d 'to £2 4s, while some eventually subscribed at an average premium of something over £,l 5s 4d per cent. The transaction is considered very satisfactory .
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/TDN19100826.2.74
Bibliographic details
Taranaki Daily News, Volume LIII, Issue 118, 26 August 1910, Page 8
Word Count
112GENERAL TELEGRAMS. Taranaki Daily News, Volume LIII, Issue 118, 26 August 1910, Page 8
Using This Item
Stuff Ltd is the copyright owner for the Taranaki Daily News. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons BY-NC-SA 3.0 New Zealand licence. This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Log in