AUSTRALIAN FINANCE.
A [CONTINENTAL LOAN. By Telegraph.—Press Association. —Copyright Received October 12, 1.10 a.m. Sydney, Friday. In view of ths tightness of the English money market the Government enquired on the Continent specially Paris as to the probability of successfully floating a foreign loan. Definite information was received recently that three millions from foreign sources was available almost immediately, and the interest would probably be four per cent. Meanwhile war has begun, but it is understood the Government has received a reassurance that the money is still forthcoming.
The Herald states the Government has already 'practically placed the three million loan.
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https://paperspast.natlib.govt.nz/newspapers/KCC19121012.2.23
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King Country Chronicle, Volume VI, Issue 508, 12 October 1912, Page 5
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101AUSTRALIAN FINANCE. King Country Chronicle, Volume VI, Issue 508, 12 October 1912, Page 5
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