AUSTRALIAN BORROWING
NEW SOUTH WALES LOAN. POSITION EXPLAINED. (pres* Association —By Telegraph—Copyright.) LONDON, January 13. (Received Jan. 13, at 5-5 p.m.) The Australian Press Association learns on good authority tnafc the apparent conflict of statement with reference to the New South Wales loan programme is quite simoly explained. It is not intended to issue a single loan of £11,000,000 as suggested bv the Investors Chronicle. Officials in London have been advised that £5,000,000 will be osered in a few weeks’ time and the amount may be increased to £6,000,000 but the balance will not b© floated before sir months hence, —A. and N.Z. Cable.
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Bibliographic details
Otago Daily Times, Issue 19687, 14 January 1926, Page 9
Word Count
104AUSTRALIAN BORROWING Otago Daily Times, Issue 19687, 14 January 1926, Page 9
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