THE N.S.W. LOAN.
The prospectus of the New South Wales four million loan has been issued. The price is fixed at 94.
SYDNEY, Friday
The new four million loan shortly to be issued by the Government, will be applied to meeting the claims arising out of the Darling harbour resumption. The loan matures in 1935. The Premier states that he is compelled to accept the opportunity of floating the loan, despite the unfavourable condition of the money market, to meet the legitimate obligations outstanding for the year.
(Received 9.35 a.m.)
SYDNEY, this day.
The Premier states that the loan cost £3 8/9 per cent. It wouid have cost £3 10/ p£r cent, locally, and so large an amount would have disturbed the market.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/AS19010907.2.30.7
Bibliographic details
Auckland Star, Volume XXXII, Issue 203, 7 September 1901, Page 5
Word Count
123THE N.S.W. LOAN. Auckland Star, Volume XXXII, Issue 203, 7 September 1901, Page 5
Using This Item
No known copyright (New Zealand)
To the best of the National Library of New Zealand’s knowledge, under New Zealand law, there is no copyright in this item in New Zealand.
You can copy this item, share it, and post it on a blog or website. It can be modified, remixed and built upon. It can be used commercially. If reproducing this item, it is helpful to include the source.
For further information please refer to the Copyright guide.
Acknowledgements
This newspaper was digitised in partnership with Auckland Libraries.
Log in