AUSTRALIAN FINANCE.

Stratford Evening Post, Volume XXXXII, Issue 54, 15 January 1921, Page 5

AUSTRALIAN FINANCE.

INTERESTS IN THE HOMELAND.

Pros* Association—Copyright, Austra v>:j|jpai and N.Z. Cable Association. V ;v(Received 9.10 a.m.) . . London, January 14. .Commonwealth financial experts report that the money market is steadily improving. The Commonwealth loan is practically assured. tralia and Tasmania are jointly floatmillions shortly, Mr Coghlan ‘ (N.S.W. Agent-Gen-erairPßlMr'Th'Shlegram from, Mr Siorey (Premier) stating that he was hot cohiing to London, but purposed borrowing in the Commnwealth, ’.The Emigration Office is marking time, awaiting instructions from the Government. Meanwhile Mr Millan. (Jkriigration Officer) is calling a con•'ference of Agent-Generals to discuss proposals for the unification of the Emigration Dfepartments in London, . rind the hd-operatiop of AgejiirGen- •:! T^mlß' witb the Commonwealth. ' ’ "’’Mg Mill ah : is gratified at the Brit- ' iifl w approvaf of the Australian 1 tvoc! scheme. He does riot ah ' ‘‘tioipate immediate advantages from the allocation of profits, because they will he necessarily deferred pending the realisation of stocks and the adjustment of accounts, Out he thinks the ultimate results will materially benefit Australia’s mercantile credits in London, apart from the Commonwealth finances.