THOUGHTS FOR THE TIMES.
The Bank Rate. The “Mercantile Gazettee” evidently looks upon the present high bank rate as a blessing in disguise, and says: As the competition for deposits is still intense there is no likelihood of the overdraft rate being reduced. The continuance of the seven per cent, overdraft rate will not be harmful, for it will exercise a compelling force on industrialists and others to make strenuous efforts to reduce, costs of production.
Permanent link to this item
Hononga pūmau ki tēnei tūemi
https://paperspast.natlib.govt.nz/newspapers/HOG19280709.2.19
Bibliographic details
Ngā taipitopito pukapuka
Hokitika Guardian, 9 July 1928, Page 2
Word count
Tapeke kupu
76THOUGHTS FOR THE TIMES. Hokitika Guardian, 9 July 1928, Page 2
Using this item
Te whakamahi i tēnei tūemi
The Greymouth Evening Star Co Ltd is the copyright owner for the Hokitika Guardian. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International licence (CC BY-NC-SA 4.0). This newspaper is not available for commercial use without the consent of the Greymouth Evening Star Co Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Log in