THE QUEENSLAND LOAN.
A WABNING TO THE COLONIES
\wm vaum ajwociatiow.l aeoeSTedMajSard, lO^tt-w, LoifDON, May 23. The Standard says ehatf market resent the low interest of the Queensland loan, muph of the last iaeue ia atill unsaid. With allowances the loan may be obtained under 93, which marks a declining market of fc|e colonyV The market would be plaaeadif it had to be withdrawn for wanfe ol subeoribere. ■
Recolvea May 2ltb. 7 p.m. ; .. Losdow, May 23. Westgarth'a Circular states that -the present time is" rfery foi attempttngto float ». Queensland loao, and deolares that the Australian colonieamusc put aatoptoth©iroon»t*nt bop rowing, or a further heavy depreciation in stocks is certain to take place. T&a circular also asaerte that New South Wales ia only waiting a favorable ohauoe to place a loan on the English market. That the Government is in ueod of funds, the circular goes on to say is evident from the fact that they are giving 4 per eeut, interns oo Savings Bank advances.
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Bibliographic details
Press, Volume XLVIII, Issue 7872, 25 May 1891, Page 5
Word Count
165THE QUEENSLAND LOAN. Press, Volume XLVIII, Issue 7872, 25 May 1891, Page 5
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