London, Mar. 17.
Despite a good turnover in the money market caused by demand for subscriptions the new war loan, borrowers experienced no difficulty yesterday in obtaining loans.
The '£50,000,000 treasury bills offered were allotted at the average rate of £1.05. This was practically the same as last week.
Discount markets' quota of 43 per cent. of their applications for bills was given satisfaction, especially as the total amount applied for showed an increase compared to last week, Wail Street closed heavy.—Reuter.
Text read from the printed page and cleaned; old type leaves the occasional error.