NEW YORK MONEY
AUSTRALIAN LOAN FURTHER LONDON' COMMENT (By Electric Telegraph.—Copyright.) (Australian & N.Z. Cable Association.) LONDON, July lb. The Financial Times says that the Australian loan is expected to make its appearance at the end ot the week. The terms are awaited with more than the ordinary interest in view of the association of the United States in the issue. The Financial Times editorially, commenting on the cables from Svdnev, says it is interesting to find that the Premier of New South Wales is affirming that he will not consider going to any other centre for financial accommodation so long as it is possible to obtain loans here and spend a large part of the proceeds in the purchase of British goods. His statement will not make the policy of loan construction casF-r to maintain and his sentiments ate oi course admirable. We do not sent nose that the Commonwealth itself deliberately chose to go elsewhere.
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Nelson Evening Mail, Volume LVI, 17 July 1925, Page 5
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156NEW YORK MONEY Nelson Evening Mail, Volume LVI, 17 July 1925, Page 5
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