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(BY ELKOTRIoTKLBaBAPH.—CoPYBIOHT.I [Peb Pbess Association.]

LONDON, July 1

Tenders will be opened on Tuesday, The final instalment will be due in December. The loan is mado repayable in 1918. One of the conditions is that three months' interest will bo paid in September. The prospects of the loan aro regarded favorably. The loan is required half for railway construction and half for redemption purposes. The loan ia quoted at a premium of 1 per cent.

Holders of Now South Wales stock express surprise at the announcement of a new loan, which they consider a breach of the pledge given in May, and a repetition of the violation of ex-Treasurer Burns's pledge not to seek tho market again at an early date.

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Bibliographic details

NEW SOUTH WALES LOAN., Issue 7950, 4 July 1889

Word Count

NEW SOUTH WALES LOAN. Issue 7950, 4 July 1889

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