MONEY IN AUSTRALIA.

Evening Post, Volume CXIII, Issue 100, 30 April 1927, Page 11

MONEY IN AUSTRALIA.

Tiistitnew oC money in AiMlmtk in »«• fevred to in t'Orenjionde^e* Wn!««lve\l (yon) Melbourne by a Weltmgtoiv iuntttnUon, Tboro i« « «t\'iing Inquiry for money from tm> btiniiM, injfuvanee oi\lemi, i>nd other tfoureerf, -Inmiviuiee wocleWes, hln atatod, have rained their vato -.Sot. ■ tUtHVlaw tn'ort' Kukiii from fl to tl*4 )wf' e<Mit. 'Chin k'lv?m a return of more than M &<er --cent, nbove that, from iuveet-mtmti In, Government, BtonUu. fitiMe UovermnenW have 6U per eenl:, loaun mirohaiteable o*<!r the eotmtor; liwml bodlon, too, are Jt<K>|ilug \ijt n »teady demiiud for finiwi the inventing publii'. More or lem rwent, lodrtl body loans furnished by the yirttlie are!"» ■Uorrowlntt liody. , AmoniWu Intercut. Sviney City Connoil . ,CI,tH!()M) IH»tM'. lMelbourne Hoard oil '' > \VorkM „. „ MX».(WO ftHo.o, Adelnido t'ity Couuril M\m) fiH i>,«. IVrtU tiily tkuincll „ VXK»,<Hli> iiH n.e, Melbourne Tr.iins „., B,V),d»W 6H h.e, J.'2,2fio,oi\o ('n the above i« included the Melbourne tmd Metropolitan lloaril'vf Wo^kit loim of X'JMUHM uulle retently lloateif, nl, fi!4 tier I'i'iit, and the Melbourne and., .Wetw ttolllan 'J'ramwayw hati nnmmnvetl thul, it, venulrea another AJSfiO.tKH), nud Mel\'»ouvnc tliy t'ouneil ha« ndoptQil loan iiiinosalH t\<r ,t4flti.(Hli'l. A eurioim feature in lite miniel<ti-y:' *ltuntinn in Auatralia today In the ltwg« aiiumul of money Hooking Inventnii'inl, in aiMirovod njockit of luuika and the hljtVent '.'liisH of Imhwtrlal inveHtinent, tlilt'tsked ntoeks are NOtnewhat neglected. Th« f»>eU iwu in AiiNtralla iipiieara to he that; no dei'lluo in lulervi-l- rate* l» to be lonlwil tor in the Immediate future, The HAtfitf' Kntn velurnii of banks operalluft in tl«t« tommonwealtU dhow a,de«ided Inoreaw fin ftdvnuee*. but they are exceeded by di> poßilri. The tardy 'dbinoHiil of (.he wheat; erim and full in iirlemi art< partially reiinon. nlble lor Ihn heavy lUnimnu* on bankevn.