FEDERAL FINANCE
LOAN INTEREST DROPS. (Australian Press Association.) MELBOURNE, July 9.
Loan interest rates have eased U a marked extent in Melbourne, withii the past few weeks. Large sums, T is reported, are now- being offered a‘ four per cent, interest, which is tin lowest figure for ordinary businesscredits for- several years. Som© of the banks, meanwhile, ai\ not encouraging, any further -additionto their, deposits, which is merely a matter of temporary policy.
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Hokitika Guardian, 10 July 1931, Page 6
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73FEDERAL FINANCE Hokitika Guardian, 10 July 1931, Page 6
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