DEPOSITS REFUSED
LONDON AGENCY OF VICTORIAN SAVINGS BANK
(United Press Association—By Electric Telegraph—Copyright) (Received 3rd January, 10.25 a.m.) MELBOURNE. This Day. A London cable stated that the agency of the Victorian State Savings Bank has been instructed to refuse refuse deposits and this is believed to he a preliminary to its closing. The general manager, Mr Cooch, said it was not intended to close the London agency, but further deposits were not wanted as the present rate of exchange rendered the transfer of money unprofitable.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/NEM19310103.2.98
Bibliographic details
Nelson Evening Mail, Volume LXIV, 3 January 1931, Page 7
Word Count
85DEPOSITS REFUSED Nelson Evening Mail, Volume LXIV, 3 January 1931, Page 7
Using This Item
Stuff Ltd is the copyright owner for the Nelson Evening Mail. 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 Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Log in