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Banking Affairs in New South Wales.

[ Per Press Association | Sydney, August 28. The Premier, Mr Reid, stated that the present Bank Notes Act would be allowed to expire in a few months. The two sivings banks would be amalgamated, and a scheme won Id be drafted during thQ recess, and provision made next session for a State note isssne in connection with the new institution con-jointly with other colonies It was then intended to deal comprehensively with banking legislation on lines approved by the late Banking Conference with a view to improve the position of the colony with borrowers. He hoped to obtain the sanction of the British Government to place colonial securities on a Trustee list.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/FS18950829.2.17

Bibliographic details

Feilding Star, Volume XVII, Issue 52, 29 August 1895, Page 2

Word Count
117

Banking Affairs in New South Wales. Feilding Star, Volume XVII, Issue 52, 29 August 1895, Page 2

Banking Affairs in New South Wales. Feilding Star, Volume XVII, Issue 52, 29 August 1895, Page 2

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