THE QUEENSLAND LOAN.
[Special to Fbess Association.] | Received May £9, at 10 a.m.] LONDON, Mat 28. The Financial News declares that the attempt to float the Queensland loan is the worst fiasco that ever attended the issue of a Colonial loan. fßeoeived May 29, at 5 p.m.l The general opinion in the city is that Queensland ought to issue shortterm Treasury Bills, or renew the debentures for six months. It is reported that the Queensland National Bank was ready to subscribe, if the public had offered half. BEISBANB..MAT 29. In connection with the failure of the Queensland loan, it is stated that the Bank of England, being fully possessed of the facts, bos expressed a willingness to assist the Colony to promptly meet its engagements, and therefore no difficulty will be experienced in meeting the payments due on July 1. MABTERTON LICENSING ELECTION. [Pee Peebs Association.] MASTERTON. May 29. The Licensing Committee election resnlted in the return of four prohibitionists and one moderate. The poll was declared amidst great excitement. The five prohibitionists polled 141,127,125,119 and 113, whilst the moderates polled 123,117,115 104 and 93 respectively, lb is expected that moat of the hotels in the town will be closed.
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Bibliographic details
Lyttelton Times, Volume LXXV, Issue 9427, 30 May 1891, Page 5
Word Count
200THE QUEENSLAND LOAN. Lyttelton Times, Volume LXXV, Issue 9427, 30 May 1891, Page 5
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