AUSTRALIAN NEWS
BANK RETURNS. (Australian Press Association.) S'YDNGY, November 5. The deposits in the twenty-one trading I auks in Australia declined by £5,735,542 during the three months ended September 30th. The advances made by the banks in the'same period were reduced by £8,097,559. The total assets of three bankg at September 30th. were £396,378,728. Tlieir total labilities within Australia were £330,686,791. THE LONE MILL STONE. LONDON, November 5. The “Financial News” .says:—; News from Australia can only be regarded as another nail'in the. coffin of Australian credit. The methods by which the Federal Caucus proposes to meet monetary commitments is discribable.hy only one word “Inflation.”
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Hokitika Guardian, 6 November 1930, Page 3
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105AUSTRALIAN NEWS Hokitika Guardian, 6 November 1930, Page 3
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