Reduction of Interest on Government Securities.
Sydney, April 28 The Premier recently opened negotiations with other States m respect to the rate of interest offering for Government securities, n.nd new issues thereof. Victoria, South Australia, Queensland, and Tasmania replied favourably, and Sir J. GK A^ard, on behalf of .-ew Zealand, concurred, with the result that after Monday next, the N.S. Wales Government will only issue treasury bills at 3$ per cent, instead of four. It is understood a similar action will be taken m other States.
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Ashburton Guardian, Ashburton Guardian, Volume XXII, Issue 6557, 29 April 1905
Reduction of Interest on Government Securities. Ashburton Guardian, Volume XXII, Issue 6557, 29 April 1905
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