Show JAPANESE LOAN ARRANGED America to Take of Secured by Tobacco New York March 23 Negotiations for a Japanese loan of or have been successfully success full concluded In Lon don Kuhn Loeb Co of this city who will share in the loan made the announcement today The Tue loan will bear interest Inter t at 4 41 per cent and will be secured by b a first mortgage on the to bacco monopoly cf of the en entire entire tire tirO loan will be taken in this country count Kuhn Loeb Co will manage an American syndicate with ith the assistance of the National City bank and the Na Bank of Commerce The term of maturity of the new loan has not yet et been disclosed nor has the subscription price but it ft Is la understood that Japan J pan has ha given better in the pre previous prevIous previous two tire loans |