The Archive · 1928

Tokyo Electric Light Loan

Quickly Oversubseribed in London and New York New York, June 7.

The American portion of the Tokyo Electric Light Company's Joan. issue (G.$ 70,000,000, issued at 89 and bearing 6 per cent. interest) was offered for subscription to-day and was over-subseribed.—

Reuter.

London, June 7.

The London issue to-day of the Tokyo Electric Light Company's six per cent. first mortgage bonds, totalling 4,500,000 at a price of 90 and repayable at par in 1953, ely considerably oversubgeribed—Reuter.

Tokyo, June 8.

The portion of the Tokyo Electric Light Co.'s loan, amounting {60,000,000 yen, issued in Japan haa been over-subscribed nearly 23 times—Reuter,

Text read from the printed page and cleaned; old type leaves the occasional error.

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