To Redeem External Debt and 1 Stabilize Currency New York, Dee, 20.
"A. 33-year Peruvian national loan of $20,000,000, at 6 per cent, interest, is being offered on December 21, at a price yielding an average Anterest of 6.8 per cent. This loan is being issued by 0 syndicate headed by Messrs. J, Scligman and the National City Bank, A substantial portion of the Joan will be reserved for sale in OTe is. stated wat. over halt the used to purchase external debt, which, oh June 30, last, amounted to £12. 632,000, and also to form a gold fund for the stabilization of Peru's currency and to create a mortgage bank with the participation of the:
Dee, 21, The Peruvian Loan was quickly taken up. Only $10,000,000 was al-Jotted to Europe, principally Lon-
Text read from the printed page and cleaned; old type leaves the occasional error.