15 SEPTEMBER 1928, Page 35

* * * * CHILEAN LOAN SUCCESS.

The success of the Chilean Loan recently floated by Messrs. N. M. Rothschild and Son, was a foregone conclusion. In the first place, the loan benefited by the good standhig of the Chilean credit and the powerful auspices under which the Loan was floated, while, in the second place, terms of issue were also good, giving a flat yield of over 61 per cent., while the Loan having been issued at 954 per cent., the early com- mencement of drawings-at par.by a Sinking Fund was also a further point of attraction. The Loan was many times covered, and the scrip has risen to about 11 premium. In the near future it seems probable that some further interesting loan flotations may be made.

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