Full text : Borrowing and business in Australia

AUSTRALIA PRIOR TO 1893 79
capital among the three eastern states. Considerable amounts
of Victorian capital, for example, had been invested in the
Riverina. the sugar industry of Queensland. and the mines at

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50

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40

30

“MPORTS

28

~ 1000
Fig. V. IMPORTS AND EXPORTS, 1887-1900

Broken Hill. Some part of the capital arriving in Victoria,
therefore, represents the dividends upon these investments ; and
allowance for this factor has to be made. Incorporating the
adjustments under this head, the details of which need not be
given, the statement of capital imported would stand thus.

TABLE X

New Capital Imported, 1877-91

Period.

1877-81 .
1882-86 .
1887-91 .

Toran .

VICTORIA.
Per head.

NEW SOUTH WALES,

QUEENSLAND.

Total

Total

Per head.

Total | Per head.

£m.
1-59
12-519
37-615

£
1-8
13-2
24-2

£m.
5-349
23-466
4-332

£
7-6
26-9
3.08

£m.
1-011
10-297
‘4-760

x
4-75
34-65
14.497

51794 | 456 | 83.147 | 208 | 6548

16-7

¥ Exported.
            
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