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THE SOUTH AUSTRALIAN LOAN

■ jp_R._BJ_SS__-K>o_ATl6Br.l S _U«erredFehr__*76Ui,lo<4oa_n. .-,.-. I : _"?,"' .•:,.'",' .; : 5/? : • The agree that the minimum fixed by South Australia was top high. The Standard says that Other colonies require a little more of the same experience... .'_.;' ;. ■- Reoolved February Cth, 11 a.m. LosrnoN,'February 5. It is considered certain that the Victorian loan must be postponed. vThe Chronicle wgards the South Australian debt' as excessive in proportion to the population, and thinks the fate of the last /loan, WiU have a salutary effect on the colaniea..... Bocelved February 6th, JJL3O a.m-' M__BbuaNE, February 6. Government have decided; not to alter their plans respecting the loan. There ia uo immediate need of funds, and.it does . t not matter whether the loan ia floated for .five months or not. Rede-ved _*etar__ty flth. 7_o p._u London,. February 5. The Victorian loan will probably be placed on the market early in April. A few additional applications have been received for the South Australian loan, and it is suggested that a committee of the leading* bankers should £X the minimum of the loan. Ree«lv-d February 7th. 1 a.m* February 6. The Times in referring to the failure \ of the South Australian loan considers it will be a useful lesson to the coloui&f.; as they are iucliued to presume too much on the teadines*. of investors to

lend. ■■ _. ... .: .-. ."' ■" ■ A P_rpkct FooO»—Aulsobrook'a Bit* «uite.--U_-»*'*' 1

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/CHP18910207.2.41

Bibliographic details

Press, Volume XLVIII, Issue 7781, 7 February 1891, Page 5

Word Count
225

THE SOUTH AUSTRALIAN LOAN Press, Volume XLVIII, Issue 7781, 7 February 1891, Page 5

THE SOUTH AUSTRALIAN LOAN Press, Volume XLVIII, Issue 7781, 7 February 1891, Page 5