AUSTRALIAN FINANCE.
AUGUST REQUIREMENTS. CONVERSION LOAN RESPONSE. United Press Assn.—Elec. Tel. Copyright (Received August 14, 9.40 a.m.) MELBOURNE. August 13. No reply has been received from the Commonwealth Bank Board to the letter sent by the Loan Council, setting out the cash requirements of the various States and the Commonwealth for August. Consequently the Council Is unable to disperse. The conversion of £27,000,000 by the State Savings Bank of Victoria has helped to swell the total In th* conversion loan to more than £200,000.000. The New Zealand Insurance Cenas pany has converted £454,300.
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Bibliographic details
Waikato Times, Volume 110, Issue 18407, 14 August 1931, Page 7
Word Count
93AUSTRALIAN FINANCE. Waikato Times, Volume 110, Issue 18407, 14 August 1931, Page 7
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