The New York herald

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of Haiti In a communication made pub

ic to-day by the State Department, to

0,1 a contemplated issue

of *16,000,000 of external bonds ot

Scries A. of the *40,000.000 loan pro

Z.lo Kr thc tT?toc?l of October 3,

it f" talZcen Halt.' ",,d the United

?Mates. The bonds will bear 6 per

cent. Interest and mature In 1953. the

Government reserving the right to retire

the entire issue at any time after 13

years. The issue will be secured, ac

cording to the State Department, by a

first hen on Internal revenues of tho

11 ..1 RepubHc a,,d a second lien on

Haitian customs revenues subject only

to a five per cent, allowance to cover

salaries and expenses of the receiver of

ZZ"'?."18 an<* t,le "nanclal advisers of

the Haitian Government. "The principal

purposo of the proposed loan," the sum

mary said, "to to take advantage of

the present situation of the exchanga

market in order to refund the external

d of 18!)? and 1910 now held in

H ranee. These amount to 87,0<K).000

francs."

Kastera Cabs Sagtr Corp.

A syndicate headed by J. and W.

Wellgman Co., and Hayden. Btone A

0. Is offering for public subscription the

unsubscribed portion of *10.000.000 East

ern Cuba Sugar Corporation 15 year

1 Mi per cent, closed mortgaige sink

ing fund gold bonds at 100 and In

terest. yielding 7t* per cent The cor

poratlon Is a subsidiary of Cuba Cane

Sugar Corporation and these bonds were

originally offered to stockholders of the

latter corporation. The bonds are guar

j anteed principal. Interest and sinking

fund by tins Cuba Cane Sugar Oorpora

How to cite this articleCómo citar este artículo

The New York herald. (1922). New York, N.Y., 1922-09-13. Haiti in the American Press. Library of Congress, Chronicling America: https://www.loc.gov/resource/sn83045774/1922-09-13/ed-1/?sp=17

ReferencesReferencias

Library of Congress, Chronicling America: The New York herald, 1922-09-13.