LOAN FAILURE.
SOUTH AFRICAN ISSUE. UNDERWRITERS' HEAVY SHARE, (Uv.ited Press Association—Copyright.). (Received This Dav. 9.T0 a.m.) CAPE TOWN, March 7. The failure of the South African Union loan of £6.000.000 on the London market.,, the underwriters having to take up 7o per cent., is attributed in Government circles to prejudice against Dominion loans because of the Australian situation, as well as world economic conditions.
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Ashburton Guardian, Volume 50, Issue 125, 8 March 1930, Page 5
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64LOAN FAILURE. Ashburton Guardian, Volume 50, Issue 125, 8 March 1930, Page 5
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