AUSTRALIAN NEWS.

Taihape Daily Times, Volume XI, Issue 3522, 8 July 1920, Page 5

AUSTRALIAN NEWS.

Received 11_25 a.m.

MELBOURNE, This day.

Mr Cook announced that subscribers to the new loan will have the privilege of converting their face value equal to the amount of stock held in the previous loan. Inquiries made in London as to Whether the loan was floatable showed that owing to the very large amounts invested in industrial and commercial ventures lenders were asking rates of interest. nmking it practically prohibitive for the Commonwealth to borrow there. The -King has cabled to the Gover-nor-General expressing his heartfc-l‘: gratitude at the proi.:identia.l escape of the Prince and party in the railway accident. ' ‘

SYDNEY, This day. Sailedz Kaituna for Dunedin. The English footballers defeated the Tamworth team by 27 to 10. The body of Annie Birkett win he shortly exhumed. '

PERTH, This day

The Prince at a State luncheon said he did not regret adding a nice harmless railway accident to his memorable experiences. He visits Ku1go»o1--lie on Thursday.