FEDERAL WAR LOAN.

Star (Christchurch), Issue 11488, 9 September 1915, Page 8

FEDERAL WAR LOAN.

OVER THIRTECN MILLIONS EXPECTED | [FROM OUR CoitHKM'ondlnt. 1 ) i SYDNEY, September 1. j i l n the Federal Houso of Represonta- j | tivos at Melbourne, the Prime, Minister 1 ' announced the result of tho war loju. The call was for £'5,000,000, being part l o f £20,000,000 to be issued during i.he I . 5 ' e;,r - 4 i Mr Fisher read a statement prepares i by tho governor of the Commonwealth j Bank (Mr, Lenison Miller), advising j that tho number of applications reccivj cd and amounts applied for, r.» iele- i ! graphed from the various States, wero j i folU,r •

I AUWilb ..... , | "]fc is evident," said Mr Miller in his statement, "that, the banks have! supported the issue in tho pioporticil j of five millions to 20 millions sterling. The pnblie barn responded generously, although the launching of a loan of five millions in Australia was new to thera. " Applicants from placas of more than one day's postal distance, from the capital centres have yet to come in, and will la tor on be added to the total. Thanks arc. due to the Press for the verv consistent support given. I trust that the result will be deemed satisfaotoTho principal contributors were

*, ' | Mr Fisher said that it was evident that the amount subscribed would be substantially over 13 millions—(cheers) which was practically two-thirds of the loan of 20 millions. " I do not think," added Mr Fisher, "that I will be exaggerating when I say that the whole or the people of Australia have risen to the occasion in the most patriotic way. I think we J have reason to be proud of the position j we occupy both in the matter of soldiers and" thoso who are left behind." (Loud cheers). 1 ■ ■■

i as 101 low*:— ! i Sta'a \ I'veic South * J Victoria . • • Queensland - • S< uHi Auttrft'ia. . W'yciiuTi A-'.siiali h • Tc.'i)aai:itt • • • ■Applications. , 4,750 . 6,07-.! . 1,52:5 . ' 1M7 >.56 509 Amount, j j 6.137,ECO f 1,007,720 ■ 844,123 i 206.560 ] R^2,7-10 Totals , 30,747 £12,932,410 !

Mutual Lite and Citizens' Aafiurance 1,000,000 Company . . Australian Mutual Provident Society ■ • • • • •250,000 Perpetual Trustee Company) Ltd., Svdnev ' 125,000 R. Barr Smith, Ade'.aide 150,000 Colonial Sugar Refining Compiuiy 100,000 Broken Hill Proprietary Company 100,000 Sir Samuel M'CtUihey . 75,020 Foy and Gibson Proprietary, Ltd. 50,000 Ilovrard Smith, Lid. •. £0,000 THE BANKS. Commonwealth Bank . . a 500,000 Bank of Ken South Wales . ' 230,000 Bank of Australasia - 250.000 Union Bank • • • 250,000 Commercial Banking Company of 100,000 Sydney E,. S. and A". Bank , . . 100,000 State Savings Bank of Victoria . 30.1,000 Queensland National Bank . . 75,000 Bank of Victoria .... 25,000 London Bank . , . • _ • • 25,000 GVonial Bank of Australia . « 26,000 National Bank of Australasia. 25,000 Commercial Bank of Australia . 25.000 Royal Bank of Austra'ia . . . 25.000 Australian Bank of Commerce . 10,000