THE EMPIRE MONEY MARKET
HIGH INTEREST BATE IN LONDON
(Hec. August 1, 8.15 p.m.) . . Melbourne, August 1. The Auditor-General has returned from a visit to London in connection with loan matters. He states that so far as tho Einpiro money-market is concerned, lie formed tho opinion that during the next decade at least Australia would have.to look to her. own market for cheap money. Tho prevailing rate in London, was el per cent., but owing. to tho high income tax this, really'meant a return of only 3i per cent.—Press Assn.
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https://paperspast.natlib.govt.nz/newspapers/DOM19190802.2.60
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Dominion, Volume 12, Issue 263, 2 August 1919, Page 7
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90THE EMPIRE MONEY MARKET Dominion, Volume 12, Issue 263, 2 August 1919, Page 7
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