THE MONEY MARKET.
AUSTRALIA’S SECURITY.
[By Electric Telegraph—Copyright]
I Uniter Press Association. J (Received 9.20 a.m.) Fremantle, October 23
Mr .1. L. Baillieu, who has been acting Agent-General for Victoria for a few months, has returned. .Regarding the statement that the underwriters intended to boycott the Australian loans, ,he said the demand for money was much greater and widespread than live or ten years ago. Important centres were opening at Brazil and elsewhere requiring capital. Undoubtedly, Australia’s security was among tiie best in the world, but the underwriters were not lending it to Australia at four per' cent, when they could get four and a half .or five per pent.
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Stratford Evening Post, Volume XXXVII, Issue 45, 23 October 1913, Page 5
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110THE MONEY MARKET. Stratford Evening Post, Volume XXXVII, Issue 45, 23 October 1913, Page 5
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