Passing NetworkCredential to HttpWebRequest in C# from ASP.Net Page

I’m trying to use HTTPWebRequest to access a web service, and am having problems passing credentials in, see code below. I can see the credentials object, nc, being built in the debugger, and also in the assignment to request.Credentials, but when I get to the last line of code it faults with a not authorized error message. I’ve had our server folks watch the request on the server, and there are no credentials being passed. Am I doing something wrong with the Credentials object, or is there something I need to do that I’m not doing here?