AUSTRALIAN CONVERSION LOAN
STOCKS GENERALLY WRITTEN IT LONDON, September 13. The Australian conversion loan has been underwritten. The terms of the conversion pleased the Stock Exchange, and the stocks have generally been written up. "The Times," commenting on the conversion, says the series of operations have been made possible by the improved credit and economic position of Australia, thanks to reforms carried out by the Governments, together with the remarkable rise in the price of wool. BIG SAVINGS MADE (Received September 14, 11.45 p.m.) SYDNEY, September 14. The saving of interest from Australian loan conversions in London since July, 1932. amount to £1,582.000 a year, including £320,000 exchange.
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Bibliographic details
Press, Volume LXIX, Issue 20961, 15 September 1933, Page 9
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108AUSTRALIAN CONVERSION LOAN Press, Volume LXIX, Issue 20961, 15 September 1933, Page 9
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