BRITISH INVESTMENTS.
BORROWING TO BE CURTAILED. By Telegraph.—PreS3 Aesn.—Copyright Received April C, 11.20 p.m. London, April 6. English Banks are alarmed at the large speculative investments, and have decided to curtail customers' borrowing by a close scrutiny of the proposed investments, and requesting a reduction 3f overdrafts. The bulk of the investments for 1920 have gone into cotton and shipping shares. Cautious fiananciers anticipate a reduction of profits in these undertakings, but on the other hand the principal Atlantic companies announce a considerable increase in freights.—Aus.N.Z. Cable Assn.
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Taranaki Daily News, 7 April 1920, Page 5
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88BRITISH INVESTMENTS. Taranaki Daily News, 7 April 1920, Page 5
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