AN UNVALUED SITE.
The new? Coat the Bank of England is to be rebuilt draws nttPiit'oll 10 a f.r-t : which has often pnxzWd business men. and that is that the site on which the present building* stand has never bern valued, though it ia un.loubte'ly tic aiost lamoue in the world. Whet is more, the balanvr sheet c'f the bank never includes t:;e >ito and tie buildings as an asset, though if these were in the possession of any other company they would probably lie included aworth anything up to £10,000.01:0. B:it the hank's position is ho secure that it L-an alVord to neglect even -ucii a great asset.
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https://paperspast.natlib.govt.nz/newspapers/AS19200814.2.110
Bibliographic details
Auckland Star, Volume LI, Issue 194, 14 August 1920, Page 17
Word Count
109AN UNVALUED SITE. Auckland Star, Volume LI, Issue 194, 14 August 1920, Page 17
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