MELBOURNE SAVINGS BANK.
[288 PBES3 ASSOCIATION.—COPYBIGHT.]
(Received Ootober 19, 11.40 a.m.)
Mblboubne, This day,
The annual report of the Savings Bank shows an inoreaae for the year of depositors' balances of £216,000. The Commissioners report that a marked feature of the year's business haa been the development of loans to farmets, and ihat system is becoming highly popular. They say a large number of leaseholders have obtained loans in order to oonvert leases to freehold. Suoh advances totalled £74,000.
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Bibliographic details
Daily Telegraph (Napier), Issue 7499, 19 October 1895, Page 3
Word Count
79MELBOURNE SAVINGS BANK. Daily Telegraph (Napier), Issue 7499, 19 October 1895, Page 3
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