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Show RUSSIA NEEDS MONEY. New Loan Will Be for $360,000,' 000 at 4 Per Cent, With the Issue Is-sue Price at Ninety. Paris. Oct 3. Bankers and other financiers finan-ciers are now discussing the details of the new Russian loan, the first announcement of which was given in these dispatches eight days ago. The Temps, referring to the subject this evening-, says: "A committee of bankers recently discussed dis-cussed the conditions of a new Russian loan, deciding that should the issue occur oc-cur simultaneously in France, Germany, England, the United States and Holland, the amount demanded would be 1.S0O.O0O -000 francs $360,000,000), half being reserved for the French market. Should, however. difficulties arise owing to the -differences in the quotation of Russian rentes in the various . countries . named, thereby preventing pre-venting an agreement with reference ! to the issue price, the loan would be placpd entirely in France, but tho amount Uhen would be only 'about 1,000.000,000 fahcs $200,000,000). .The rate of interest, it is safd, will! be', 4 per cent, with an approximate "price of -90, The Russian government has requested French bankers ancl other financiers , to send representatives to St Petersburg immediately with full powers-- to arrange details. The issue will probably occur at the end of October. ;, |