SOUTH AFRICAN LOAN
FLOTATION DIFFICULTIES | Kecd. 9.5 a.m. CAPETOWN. Wed. The Minister of Finance, the lion iX. C. Haven.era; replying to the ap- j preprint ion debate in the Assembly. ; ; explained that the failure of the £ G,000,000 loan ■was due to the issue : ' price not appealing to big subscribers. I ! A cable today stated that the underj writers are relieved of a considerable i amount of the loan which is now at a five-eighth* premium. OUR WOOL IN LONDON Reed 9.5 a.m. LONDON, "Wednesday, i Among the wool sold at yesterday’s sales 922 bales were Victorian, 627 New South Wales, 325 Queensland. 75 ; South Australian, 9S West Australian. and 1,968 New Zealand. For the second series of wool sales, which was opened today, 164,200 bales will bo available for IS selling days. New Zealand greasy crossbred ; ranged from SJd to lid. The clip “CMC/Eclipse,” balfbred slipe lambs, brought 12£d. Reed. 10.50 a.m. LONDON, Wednesday. At today's wool sales offerings j totalled 8,902 bales, including 1,500 i j from New Zealand. Approximate j sales amounted to 7.G50 bales. There | was a large selection of greasy j Merinos, principally Yorkshire style. There was a moderate lot of New Zea- ! land slipes. Competition was steady ! and opening prices maintained. i
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Bibliographic details
Sun (Auckland), Volume III, Issue 926, 20 March 1930, Page 10
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207SOUTH AFRICAN LOAN Sun (Auckland), Volume III, Issue 926, 20 March 1930, Page 10
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