AUSTRALIAN LOAN.
[■.Australia iY. N.Z. C"aM«> Association.] A GOOD .RECEPTION. LONDON, .July 21. The 11 Financial Times” says: ‘‘lt is understood that the Australian loan is meeting with a good reception. We shall not he surprised it the list closes before the time limit on Wednesday. CONVERSION LOAN. MELBOURNE, July ‘22. Dr 'Karl Page has announced the terms for the conversion of the If per cent, war loans which, fall due in December. The rate of interest is to he 5} per cent and the loans will be issued at par, for a period of six, eleven or sixteen years, at the subscribers’ option, though new money will .be accepted. The Treasurer is sanguine that most of the present holders will convert their stock or bonds into the new loan. The total amount of the maturing loan to be covered is sixtyseven million sterling.
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https://paperspast.natlib.govt.nz/newspapers/HOG19250722.2.29
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Hokitika Guardian, 22 July 1925, Page 3
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144AUSTRALIAN LOAN. Hokitika Guardian, 22 July 1925, Page 3
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