New York, May 12, P. Morgan & Ca, offered for subscription to-day G87 000,000 of Japanese Government External Gold Bonds bearing interest at 53 per cent. per annum and redeemable at par in 35 years, or carlier. The price of issue was 90, The loan was quickly oversubscribed.
A similar issue of $12,500,000 58 cent. Japanese Gold Bonds is cing made in London at the same price.
The two issues are being made in connection with the refunding of the Japanese 1905 4 per cent. loan of 125,000,000, which is due for redemption on January 1, 1931—Reuter.
London, May 13.
The $12,500,000, representing London,'s quota of the Japanese Loan, was subscribed immediately cash applications.—Reuter.
This and the New York issue! mentioned in yesterday's telegram are beings made in connection with the refunding of the Japanese 1905, 4 per cent. loan of £25,000,000, which is due for redemption on
Text read from the printed page and cleaned; old type leaves the occasional error.