FEDERAL NOTE ISSUE.
BANK PROFITS DIMINISHED. bs TeloijraDti—'Press Association—OoDyrlisli'i ■ (Rec. July 19, 10.45 p.m.)' ; . Sydney, July 3K). At a meeting of the City Bank., the chairman pointed out that Fedoral note issue became " : lw the bank's funds would bo diminished to the extent of the existing aat-.o issue,' and would also require a further amount of gold or Governm'fiirfc notes to replace the unissued notes. ■ This would, add considerably to the cost of upkeep, and would lessen profits.
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Dominion, Volume 3, Issue 873, 20 July 1910, Page 7
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78FEDERAL NOTE ISSUE. Dominion, Volume 3, Issue 873, 20 July 1910, Page 7
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