STATE FINANCE.
SOUTH AUSTRALIAN LOAN. i\ \ CASH APPLICATIONS SMAl£.\ LONDON, SepU &j The total applications for the Australian loan in cash and by eonWrsion amount to nearly £640,000. it derstood that the' cash af>plicatioi» 'are very email. The scrip is quoted at about 1£ discount NEW SOUTH WALES SURPLUSV SWOLLEN FOR SHO\V PURPOSES. LONDON,-Sept. 34. The Sydney correspondent ot:.\ tfef " Times " cables that the actual, surplus of New South Wales for' the' year it about. £665,000. It states that £he *>*©!- len surpluses are stage-maoaged for &W' purposes and nuike the-State ridiculous. The surplus of the previous year was partly obtained by starving;-tie railways.
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Bibliographic details
Timaru Herald, Volume XIIIC, Issue 13710, 26 September 1908, Page 5
Word Count
103STATE FINANCE. Timaru Herald, Volume XIIIC, Issue 13710, 26 September 1908, Page 5
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