AUSTRALIAN LOAN.
EXCHANGE PLEASED WITH TERMS. (United Press Association—Copyright). LONDON, Sept. 13. The Australian conversion loan has been underwritten. The terms of conversion pleased the Stock Exchange, and stocks generally were written up. * BIG SAVINGS IN INTEREST. SYDNEY, September 14. Interest savings arising, out of Australian loan conversions in Loudon since July, 1932, amount to £1,582,000 a year, including £'320,000 for exchange.
IMPROVED CREDIT FAVOURABLE LONDON, Sept. 13. Commenting on the conversion c:f the Commonwealth loan "The Times" says that the operations mvvtTTieen rendered possible by the improved credit and economic position of Australia, thanks to the reforms carried out by the Governments together with the remarkable rise in the price of wool. —British Official Wireless.
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Bibliographic details
Ashburton Guardian, Volume 53, Issue 287, 15 September 1933, Page 5
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116AUSTRALIAN LOAN. Ashburton Guardian, Volume 53, Issue 287, 15 September 1933, Page 5
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