23 APRIL 1927, Page 30

NEW SOLTTII WALES MATURITIES...

In considering the prospects of gilt-edged securities, it may be well, however, to recognize the likelihood of further large Issues of capital in the near future. As regards the Colonial section especially, it may be pointed out that during the next two or three months something like £11,000,000 in New South Wales obligations will mature, and, although that State has been 1 o rowing lately in the United States, it seems likely that not only will the conversion of these maturing obligations he effected here, but there may also be fresh money re- quirements to be reckoned with.