THOUGHTS FOR THE TIMES.
BANKING POSSIBILITIES. Interviewed at, Wellington X. number of prominent bankers gave; their opinion that fall in., the rate fry.the near future was very unlikely. “‘lt is only common sense--that money should remajn at, ifes present ; price . Zealand, where iis- v terest rates are high elsewhere;’*; said r.»yv Konir m-Miager. Financial (circles, expect that the money market will bp ■.'«> t tighter shortly, as it ‘is Anticipate ; ed that at least. £1,000,000 will , be required by the Government to place;., its .scheme . for ' immediate .relief of : : unerriplqymeßit iii, operation, and it • is thought that this money may/ be raised,,by., another internal loan./This, will serve. to, keep the rate of interest_yhigh. . ‘
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Hokitika Guardian, 22 October 1929, Page 4
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112THOUGHTS FOR THE TIMES. Hokitika Guardian, 22 October 1929, Page 4
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