FRIDAY NIGHT BANKING

Chronicle (Levin), 28 March 1946, Page 4

FRIDAY NIGHT BANKING

-Press sxvsociation

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Bv Telegraph-

WELLINGTON, March 28. Wbtile weicoming the return to :the three o'clock closing of banks, ithe provision for remaining open until 5.30 p.m. on Fridays would be ] of little use to retaiiers, said Mr. ' C. D. A. George, president of the Wellington Retaiiers AssociaU In. jThe cash takings between 3 ad,m. and 5.30 p.m. did not constitUT,e)l a large part of the day's takings, "the main volume of Friday's business 'being done between 5 and 9 p.m. iWhat was needed was faciiities for jdepositing locke'd bags at the end 1 of the day's business, between 9 and j 9.30 p.m. It -was t'elt that banks jcould arrange a forty-hour week Ifor the few members of the staffs : who would have to work for a short i period on Friday nights to provide ja small convenience for their customers, the retaiiers. j Mr. George said that his associa--tion was taking a survey of its (members to ascertain how many ; could ' take advantage of the sugi gested arrangement, with the idea ■ | of not pressing for the concession If the response did pot warrant it. An intimation so far obtained : showed that about 50 per -cent of the members did desire some such arrangement. The earlier report of the amended banking hours appears on Page 7 of this issue.