NEW SOUTH WALES LOAN.
THE CONVERSION. United Press Allocation— By Eleotrft Telegraph — Copyright. (Received March 25, 8.2 a.m.) LONDON, March 24. The New South Wales loan ha* closed. Debenture-holders converted under 15 per cent of the ,whole amount of the stock, and the underwriters tooH the balance. The London and' "Westminster Bank considers that the small* ness of the conversion is -<lue to the' recent failure of the Grand TrunK Pacific Railway 4 per cent loan af 94*. :
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Bibliographic details
Star (Christchurch), Issue 9194, 25 March 1908, Page 2
Word Count
78NEW SOUTH WALES LOAN. Star (Christchurch), Issue 9194, 25 March 1908, Page 2
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