MONEY IN DUNEDIN.

Auckland Star, Volume LXI, Issue 210, 5 September 1930, Page 9

MONEY IN DUNEDIN.

PROMPT PAYMENTS OF

INTEREST.

SAVINGS OF WAGE EARNERS.

(By Telegraph.—Own Correspondent.)

DUNEDIN, this day.

To.argue from the prevalence of unemployment that Punedin is' "hard ' up" would be a mistake. To-day a newspaper correspondent inquiries as to the way in which, payment of interest is being made by owners of' mortgaged small properties, residences.and so forth, and was assured in the right quarter that, requests for time are rare,, and then only,in exceptional circumstances. Another cheering assurance comes from the manager of the Dunedin Savings Bank. He says that as a rule there is; a falling off in deposits by persons. of moderate incomes in the month of May, but this year deposits from workers have been steadily received from May right on to,the present,.whilst withdrawals by wage-earners have certainly not exceeded the average/ '. , ; ■ \. •• ;