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NEW SOUTH WALES LOAN

SURPLUS OFFERING DECLINED. By Telegraph—Proas Association—Copyright Australian and N.Z. Cable Association.. (Received May 2. 10.45 a.m.). SYDNEY, May 2. Mr A. A. Cocks (Treasurer) has announced that Cabinet has declined £3,000,000, the amount over-subscrib ed for the rural loan, in consequence of a promise made to the Commonwealth to keep off the money market during the period of the conversion of the loan.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/TS19230502.2.52

Bibliographic details

Star (Christchurch), Issue 17030, 2 May 1923, Page 7

Word Count
67

NEW SOUTH WALES LOAN Star (Christchurch), Issue 17030, 2 May 1923, Page 7

NEW SOUTH WALES LOAN Star (Christchurch), Issue 17030, 2 May 1923, Page 7