VICTORIAN LOANS.
Press Association—By l'olegraph-Copyrigh
MELROL'RNE, August 6. (Received August 6, at 10.?0'a.m.) , Tl,c Credit Fourier loan of £100,000 at per cent, is announced at a inininmnm of £98, with a currency of 11 years and a-blf.
Mr Bent stales tliafc half a million of Ills suvjilns lias been shipped to England to pay off borrowed money.
The Treasurer is negotiating in regard to the issue of a four-million conversion loan. The Savings Hani: Commissioners have agreed to underwrite two millions at par. The loan when issued will hoar interest at the into of S/ f per cent., <ind he used to pay ofl the 4 per cent. loan.
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Bibliographic details
Otago Daily Times, Issue 13665, 7 August 1906, Page 5
Word Count
109VICTORIAN LOANS. Otago Daily Times, Issue 13665, 7 August 1906, Page 5
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