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POSITION REVERSED

LONDON BANK BALANCES.

(UNITED PRESS ASSOCIATION.—COPSRIGHT.)

(PUFMSMED IN THE TiKBS.) (Received June 15, 1 p.m.) LONDOA T, 14th June. Contrary to the situation in 1920, the Australian banks in I<ondon are now facing the problem of transferring to Australia portion of the redundant balances. The increase in the price of wool and heavy payments for wheat are factors in producm g the plethora of "London funds.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/EP19220615.2.43

Bibliographic details

Evening Post, Volume CIII, Issue 139, 15 June 1922, Page 7

Word Count
68

POSITION REVERSED Evening Post, Volume CIII, Issue 139, 15 June 1922, Page 7

POSITION REVERSED Evening Post, Volume CIII, Issue 139, 15 June 1922, Page 7