Borrowing Plunge.
NEW SOUTH WALES WANTS FOUR MILLIONS.
By Telegraph—Press Association—Copyright
London, Sept. 3. New South Wales issues immediately a four million three per cent. loan. The minimum is fixed at 94, and is underwritten.
NEW SOUTH WALES IN A TIGHT PLACE.
COMPELLED TO ..RAISE A I, JAN
By Telegraph—Press Assoeiaiton—Copyright Sydney, Sept. 0.
The new four million loan shortly to be issued by tho Government is to be applied to meeting claims arising out of the Darling harbor resumption. The loan matures in 1935. The Premier states that ho is compelled to accept the opportunity of floating the loan, despite the unfavorable condition of the money market, to meet legitimate obligations outstanding for the year.
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Bibliographic details
Gisborne Times, Volume VI, Issue 207, 7 September 1901, Page 2
Word Count
116Borrowing Plunge. Gisborne Times, Volume VI, Issue 207, 7 September 1901, Page 2
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