AUSTRALIA.

Taranaki Daily News, 13 April 1917, Page 5

AUSTRALIA.

COMMONWEALTH LOAN. ISSUED IN LONDON. Received April 12, 5.5 p.m. London, April 11. The Commonwealth three and a-half million loan at 5Ys per cent, interest, issued at 98, and redeemable 1922-27> has been underwritten. Beceived April 12, 5.5 p.m. London, April 11. The Australian Commonwealth loan prospectus wi'l be issued on Friday. The final instalment of 50 per cent, is payable on .June 19. and the interest payable December 1. It is estimated that the loan yields the investor 115s per cent., as compared with the present yield of the British War Loan of 114s fid per cent. The advanced jssue price compared with the South Australian loan is due largely to the lower bank rate and America's entry into the war. A MOMENTOUS QUESTION. ' Beceived April 13, 1 a.m. . Sydney, Last Night. During a debate on a proposed adjournment, of the Labor Council until after the Federal elections, which was carried. Mr. Rippingale (Coachmakers) opposed the motion, stating that there was an undercurrent forking in the industrial world, started in New Zealand to get here shortly. They would be risked a momentous question), if rot tonight, then next week or later, which would mean a bread and butter question for Australia. He could not say too much, but the Council should be in their places to answer the question when it arrived. RECENT ENLISTMENTS. " Sydney, April 12. The Director of Recruiting states that enlistments in th# Commonwealth for the first tiree months of 1917, tot&t