A SOUND DEDUCTION
LONDON THE PLACE. FOR OVERSEA BORROWERS. [United Press Assn.—By Cable— Copyright.) [Australian and N.Z. Press Assn.l (Received 10, 11.20 a.m.) London, May 9. Commenting on the cabled advice from New York of the flotation of the Commonwealth loan of '£10,000,000 issued at £92 10/-, financial circles declare that the New Zealand loan was floated here on much better terms, and moreover as tho New Zealand loan was oversubscribed, the deduction is permissible that there was sufficient money for the Commonwealth loan, on the same terms as N'ew Zealand obtained, would be available here. CANADIAN DOLLAR IN U.S.A. [Australian and N.Z. Press Assn.l ' (Received 10, 11.0 a.m.) Ottawa, May 9. Steps have been taken by the Washington State Department to ensure the acceptance of Canadian currency in all centres in tne United’ States. At present many places regard the Canadian dollar as of no more value than Russian paper.
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Bibliographic details
Hawke's Bay Tribune, Volume XVIII, Issue 125, 10 May 1928, Page 5
Word Count
151A SOUND DEDUCTION Hawke's Bay Tribune, Volume XVIII, Issue 125, 10 May 1928, Page 5
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