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AUSTRALIAN FINANCE

NEW APPOINTMENT IN LONDON. MAGNITUDE OF OPERATIONS. (Pres* ABBOCiation—By Telegraph—Copyright.) LONDON, April 10. (Received April 11, at 5.5 p.m.) Questioned regarding the appointment of a financial expert to the Australian Hmh Commissioner’s office, Sir Joseph Cook declined to comment beyond pointing out the growing magnitude of Australia House financing as evidenced by the fact that during his tenure of the High Commissionership, he had floated loans on behalf of the Commonwealth aggregating £48,000,000. The average interest of these loans was 99s per cent.. including £15.000,000 raised in New York, which had been negotiated through the London representative!: of American financiers.—A. and N.Z. Cable.

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https://paperspast.natlib.govt.nz/newspapers/ODT19260412.2.42

Bibliographic details

Otago Daily Times, Issue 19761, 12 April 1926, Page 9

Word Count
105

AUSTRALIAN FINANCE Otago Daily Times, Issue 19761, 12 April 1926, Page 9

AUSTRALIAN FINANCE Otago Daily Times, Issue 19761, 12 April 1926, Page 9