Colonial Finances
(per press association.) Lohdow, January 14. The Victorian loan has been delayed a fortnight, and possibly will be further delayed until April. A bad impression has b«eti created by increasing the amount to three millions. Ifc is considered there would hay« been a better prospect of success had it been issued fof less, and at a minimum of 97^ or 98. One syndicate states that all tha Victorian loans they have dealt in for fcha last four years have been prontlesa, and that they would rather have colonial stacks depressed by the failure of the proposed loan than incur furthf r loss which the n«w loan may bear. Rumors are current that loans from ail ths colonies, except, Tasmania, are impending, but, oh the other hand, hi»h authority on nnaiKJi-il matter* declares that New South Wal*s will no* go into the m.trket for at Jsast six iaouth». Th* Financial News, while admifcing the soundness of in*»y of frh« colonial stocks^ oondemnn fch* Bill providing for the investment of Xt'«»* tivxfo in such stocks, on th* gtouni M)»t the Imperial Grovernment ha». no control of Colonial nnanoe.4.
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Bibliographic details
Feilding Star, Volume XII, Issue 88, 15 January 1891, Page 2
Word Count
188Colonial Finances Feilding Star, Volume XII, Issue 88, 15 January 1891, Page 2
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