BIG WORKS LOAN FLOATED IN LONDON
A SURPRISE .PACKET. Sy Telegram—Press Association-Copyright (Itcc. August 2, 10.15 p.m.) Melbourne, August 2. '• In order not to interfere with thoprospcuts uf the local war loan, which closed yesterday, the cablegrams regarding the Commonwealth's loan of .£4,000,000, in 51 per cent, bonds, 1020-22, at par, which ■ was floated in London for public works,' wore withheld. They now have been released, and show that tho loan was fully . subscribed. This has completely surpris- • cd financial circles, where it is considered to have been a distinct success as a first venture into tho London market. The Federal Treasurer, questioned aa . to the prospects of .tlio local war loan, said that ho would bo satisfied if he got .025,000,000.
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Dominion, Volume 9, Issue 2840, 3 August 1916, Page 5
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122BIG WORKS LOAN FLOATED IN LONDON Dominion, Volume 9, Issue 2840, 3 August 1916, Page 5
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