AUSTRALIAN NEWS.
LEATHER FOR INDIA. Melbourne, August 13. The Indian Government has purchased (100,0001b of leather from the Commonwealth. —Aus.-N.55. Cable Assoc. 1 . NEW WAR LOAN. Melbourne, August 13. The prospectus of the new War Loan for 40 millions states that the loan will be issued at par and that the interest will bo at the rate of 5 per cent. It matures in 1923, and is subject to the Commonwealth, but not the State, income tax.—Aus.-N.Z. Cable Assoc. THE SALE OF WHEAT. Melbourne, Last night. Senator Russell reported that the sale of two million bushels of wheat to- the N.Z. Government hai9 not yet taken place. THE COJeiQNWEALTH I.OAN. Mr. Watt announced tliafc the British, Treasury had floaJted the recent Commonwealth loan of 4% million, provided it was the last of the kind the Commonwealth would seek. TWO MINES (DISCOVERED. Sydney, Last Night. x 4 steamer towed into Eden reported that a mine had Ihcen discovered at a north-east port and another sighted'. A search is proceeding. It had probably drifted from the fiiofeo minefield, previously reported.
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Taranaki Daily News, 14 August 1918, Page 2
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178AUSTRALIAN NEWS. Taranaki Daily News, 14 August 1918, Page 2
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