Australia's Response
THE CONVERSION LOAN. PRIME MINISTER ANTICIPATES COMPLETE SUCCESS United Press Association.—By Electric Telegraph.—Copyright. SYDNEY, Aug. 19. The value of bond holdings already converted to stock at a lower rate of interest in accordance with the financi 1 rehabilitation plan is £225,000,000. The Prime Minister is extremely pleased at the splendid response of the bondholders. He anticipates that the conversion operation will be nearly a hundred per cent, successful.
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Bibliographic details
Manawatu Times, Volume LIV, Issue 6632, 20 August 1931, Page 7
Word Count
70Australia's Response Manawatu Times, Volume LIV, Issue 6632, 20 August 1931, Page 7
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