THE NEW SOUTH WALES LOAN.
IONITED I'KESS ASSOCIATION. I Sidney, 14th September. Under the now loan conversion scheme it is proposed to only convert 5 per cent, of a loan maturing in January next. Latest. | SPECIAL. | September 15, 10.35 a.m.) London, 14th September. The Financial News oipoots that the New South Walos loan will be amply covered at \\ above par — quite sufficient to moot the entire expenses of the issue. The colony reappears as a borrower under welcome circumstances, as it does not add to its debt, and reduces the cost of Bervices. Owing to the shortness of New South Wales stock, the brokers expeot that the loan will be covered four times over.
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Bibliographic details
Evening Post, Volume XLVIII, Issue 66, 15 September 1894, Page 2
Word Count
114THE NEW SOUTH WALES LOAN. Evening Post, Volume XLVIII, Issue 66, 15 September 1894, Page 2
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