South African Loan Underwriting Proceeding in London
Underwriting in connection with a South African four million 4 percent loan at 97 for redemption purposes is in progress in London as of June 23. The Presa Association copyright notes the report.
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Newspaper
Ashburton Guardian
Location
Ashburton, Canterbury, New Zealand
Date
Jun 24, 1914
Page
7
Underwriting in connection with a South African four million 4 percent loan at 97 for redemption purposes is in progress in London as of June 23. The Presa Association copyright notes the report.
Twenty one leading fire insurance offices show profits shrinking as rates fall while expenses rise. The Press Association notes profits are increasingly difficult to secure under the current pricing and cost pressures.
In Christchurch on June 23 the wheat market remained unchanged with little offering and no advance expected as Australian flour imports continue. Oats show no improvement. London freights reduced to 20s per ton but trade remains unprofitable. Potatoes stockpiled in Lyttelton缓. next month delivery priced at £2 17s 0d.
The opinion argues Britain’s destroyers lag in number and capability, with torpedo ranges now approaching gun ranges. It criticizes Churchill’s naval policy for favoring Dreadnoughts over torpedoes and warns Britain cannot meet Germany’s torpedo force. Light cruisers and destroyers are urged as essential sea protection.
General Booth fixes June 12 to 26 for an international Salvation Army Congress to be held in London Strand temporary building for 5060 attendees with 106 meetings. Delegates from Canada India Australia New Zealand Japan Morea and the United States arrive in costume, with Native and British officers and bands. A London march on June 13 and events at Ryde Park and Crystal Palace are planned along with Salvation Army processions and performances.
The property is described as a premier Ashburton County farm suitable for grazing cropping or dairying. Mr Small is departing for the North Island and the farm is offered for absolute sale with very easy terms. VFERRIMAN & CO. auctioneers will provide further particulars.
Auction listing for 2506 and Brooth Ewes due Sept 15 and 200 M S Lambs 150 at Lambs. Mixed farming property on Racecourses Road with twenty one acres, dwelling rooms and washhouse, noted as one of the county’s best with all necessary buildings. Bargain price £390. Fol. 288.
The 261 acre Tinwald property, formerly B A Pearse, is subdivided into several lots for public auction on Thursday July 2, 1944 at 12 30 pm. The land offers dairying and grain growing potential with easy terms and proximity to Tinwald railway station and Ashburton. Lots range from 10 to 65 acres plus a 65 acre homestead block with outbuildings, near Johnston Street and Graham Road. J H Dient and T Bullock listed as contacts.
Listing reads like a real estate snapshot with Farm properties and Suburban Properties offered for sale. Prominent phrases reference inspection arrangements and prospective buyers directed to inquire through the listing source.
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