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SOUTH AUSTRALIAN LOAN

LONDON, April 15. It is reported in the city that South' Australia is about to float a loan of £700,000, carrying 3$ per cent, interest, a 101. The prospectus of the loan has beea issued. The sum of £789,400 is underwritten. Samuel Montague and Co. and the Bank of Adelaide are jointly issuing the South Australian loan at 101. ADELAIDE, April 15. The Colonial Treasurer states that th< message refers to portions of two loanl of half a million each sold privately, through Elder, Smith, and Co. a few weeks ago. The purchasers are putting it on the market. It Is not being floated as a South Australian loan at all. Th« Government is not contemplating floating" a loan; it has money to tide over many months. '

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/OW19100420.2.81

Bibliographic details

Otago Witness, Issue 2927, 20 April 1910, Page 19

Word Count
130

SOUTH AUSTRALIAN LOAN Otago Witness, Issue 2927, 20 April 1910, Page 19

SOUTH AUSTRALIAN LOAN Otago Witness, Issue 2927, 20 April 1910, Page 19

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