AMERICAN MONEY
LOAN OFFER TO NEW SOOTH
WALES
ACCEPTANOE NOT LIKELY.
'{"fisnisb pses'9 •assocuTioS.—cbpikioaT.)
(Received!,l6tn December, 9 a.m.)
, , ■ ■-: SYDNEY, This Day.' . file ',New 'SoutE "Wales 'Government has been approached by influential-Ame-rican 'financial interests and offered "a substantial loan at a, reasonable rate ;qf interest. Details of the- offer have not bteeh officially disclosed. . , ■■' .It is understood that negotiations are nowinprog/ess on behalf o£.New Sduth' Wales for raising a. loan of abi?ut £6,000,()00, \vhich if is ■ stated will.be utilised in meeting commitments falling due in "London. -The American- .offer will probably .nbt be accepted, jparticulafly, if the money can be 'obtained in London on favourable terms.
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Bibliographic details
Evening Post, Volume CVIII, Issue 145, 16 December 1924, Page 5
Word Count
105AMERICAN MONEY Evening Post, Volume CVIII, Issue 145, 16 December 1924, Page 5
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