COIN SHORTAGE
N. Z. IMPORTS FROM AUSTRALIA (Per Press Association — Coyyr'ght.) j - - WELLINGTON, -May 29. It is understood that, in order to relieve the shortage of silver coinage i.n.Aew Zeal anti, pending the miming yf Dominibn silver coins, recourse iyi.ll lie had to Australia lor fLr.Us a.-nd silver'coin of lesser denomination. Arrangements have been made, it is believed;;':'for ' Importing up to .950,030 worth of-' Australian ’silver. HOARDING OF SILVER COINS AUCKLAND, .May 29. Tlie shortage of half-crowns has become acute in Auckland. Tlio accountant of, a large city linn said that the banks I had been refusing to pay out any half-crowns for a month past, though they eagerly accepted them.
.The shortage of half-crowns is attributed to exporting, ami it is also conjectured that people are hoarding silver coins in tlie. hope (,1 making a profit when the New Zealand silver coinage in introduced.
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Hokitika Guardian, 29 May 1933, Page 6
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145COIN SHORTAGE Hokitika Guardian, 29 May 1933, Page 6
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