AMERICAN CABLE NEWS
[Australian & N.Z. Cable Association ]
CROP REPORT. OTTAWA. January 25,
Dominion Bureau statistics on Tuesday issued the 1926 crop report estimating the total wheat yield a: 406.269,000 bushels from 22,768,000 acres. < N.S.AY. LOAN. NEW YORK. January 25. The N.S.AY. Premier, Mr Lang’s, announcement of the flotation of a- 25 million dollar loan here has been received with considcralbe interest in . financial circles, where it was earlier stated that the negotiations had ended in favour of London. The flotation reflects the low rates and broad investment demand in the American money markets, where now bond offerings have been consistently over subscribed. Further Australian loans are now expected. and with keen competition among the hankers with an abundance of capital, a reduction both in the interest rate and in the underwriting costs o a minima is expected.
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Hokitika Guardian, 27 January 1927, Page 2
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137AMERICAN CABLE NEWS Hokitika Guardian, 27 January 1927, Page 2
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