HEAVILY IN DEBT
THE CITY OF SYDNEY BIG INTEREST CHARGES. (A. & N.Z.) SYDNEY, Nov. 22According to a statement presenteri to the City Council its capital debt amounts to £22,000,000, on which it is paying £640,000 interest, as against £443,000 when the Labour Administration took charge two and a half years ago. It is also found that the surplus of £35.000 has been converted into a deficit of £1(53,000 during that term.
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Bibliographic details
Wanganui Chronicle, Volume LXXXIII, Issue 20005, 23 November 1927, Page 2
Word Count
71HEAVILY IN DEBT Wanganui Chronicle, Volume LXXXIII, Issue 20005, 23 November 1927, Page 2
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