Eight million pounds of the new Hungarian Four per cent.
Loan was offered for subscription on Wednesday. The Times correspondent at Vienna says that the subscription price of 911 includes interest at 4 per cent. from Sept. 1st, 1910, until the date of taking up eventual allotments. As the latest date for taking up allotments is March 10th, 1911, it may be calculated that six months' interest is reckontid. in the subscription price, which is thus practically 891. The subscription-list was opened simultaneously at Berlin, Frankfurt-on-Main, Hamburg, Munich, Leipzig, Breslau, Cologne, Zurich, Bide, Geneva, Brussels, Antwerp, and Amsterdam, as well as at all the chief offices and branches of the principal Austrian and Hungarian banks. It will be remembered that the Austro-German syndicate took over the loan after the French negotiations had failed. It is evident from the number of places at which lists were opened that the syndicate thought it advisable to throw its net as wide as possible. In the Morning Post of Friday it is stated that this policy was highly successful, and that the loan was covered over sixty times.
