NEW ZEALAND FINANCES
SIR J. WARD'S REFERENCE
NOT UNDERSTOOD IN LONDON.
A POSSIBLE EXPLANATION
(By Telegraph—Press Assn. —Conyrlg-ht.) (Australian Press Association.)
(Received Deo. ID, 10.5 a.m.) LONDON, Dec. 14
Inquiries by the Australian Press Association show that financial circles do not comprehend Sir J. G. Ward's reference to "a very important London transaction." It is surmised that when Sir J. G. Ward outlined his scheme for borrowing £70,000,000, he overlooked the fact that £24,000,000 four per cent, loans were falling due for repayment on November i, 1929.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/WT19281215.2.39
Bibliographic details
Waikato Times, Volume 104, Issue 17586, 15 December 1928, Page 7
Word Count
87NEW ZEALAND FINANCES Waikato Times, Volume 104, Issue 17586, 15 December 1928, Page 7
Using This Item
Stuff Ltd is the copyright owner for the Waikato Times. 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.