CHEAPER MONEY.
fh o TO ASSIST INDUSTRY. 00SB SCHEME OUTLINED. 0 OF SHOUT-DATED HILLS. 0* *sxo«iW-cop«iaHT.) reived May 39th, 10,1.' r-u..) LONDON", May 19. to release millions of pounds 4 JS * " vealed by thC City edU *Ttia "I> ailv HcraH -" Tt is pro ' *fiSl«diMtrial firms feeding funds £*■«* ° r financins r tr "; a Jfjfrsuo three or siv months bills jsteiest r * te of about 3 l icr ccnt " iof*P»y^ s P cr,sen I t ;f or . *jLsa- Thcso bills vro ISS rjeanspices of the Bank of Eug?irf diieoonted by the joint stock * gjd lie money market. It is fJiiM to release part of £150,000,JVjh is normally employed in dis- \, foreign trade bills, which arc to the banks than ovcrjL Jeeanao of being- duo for repayj it» definite date, jgntittioas are continuing between the money market, and ,fc«fUU«ations.
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Bibliographic details
Press, Volume LXVIII, Issue 20551, 20 May 1932, Page 11
Word Count
136CHEAPER MONEY. Press, Volume LXVIII, Issue 20551, 20 May 1932, Page 11
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