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CHANCE MISSED
[Australia has now missed
her chance to get the bottom
of the market for her big con-
version programme.
Early in 1947 a 2* p.c. opera
tion was effected, but a Rhode
sian loan failure at a similar
rate and general uncertainties
caused postponement of further
operations.
According to London reports,
about £60 million sterling is ex- ;
nected to be involved in Aus-
tralian conversions in England '
this year.—ClTY EDITOR.]
$