POOR RECEPTION
AUSTRALIAN LOAN FARES BADLY. LESS THAN HALF SUBSCRIBED IN LONDON. By Telegraph—Press Association—Copyright. SYDNEY, February 21. The public response to the Commonwealth Works Loan of £8,500,000 was disappointing. Less than half was subscribed when it closed today. It is expected that the underwriters will require to take up at least £2,000,000. The comparative failure of the loan is attributed to its following too closely on the last big conversion.
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https://paperspast.natlib.govt.nz/newspapers/WAITA19390222.2.30
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Wairarapa Times-Age, 22 February 1939, Page 5
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71POOR RECEPTION Wairarapa Times-Age, 22 February 1939, Page 5
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