A FARMERS' BANK
The June quarterly return, of the Rural Bank Department of the New South Wales Savings Bank shows that its advances and overdrafts at 30th June last amounted to £10,594,569, compared with £9,339,727 a year earlier. ' Details are giyen below:— , : ' .
Thir department' started uns:ness m Mil by the issue to the public of nearly £6,000,000 of debentures. It lends exclusively to primary producers, but takes deposits from anyone.
June Quarter. ' 1926. 1037. LIABILITIES— £ £ Stock and debentures issued 5,694,200 5,694,200 Deposits— Fixed ........... 3,294,618 4,579,491 Current account .. 1,624,825 1,878,961 balances due to other Banks 53,653 89,363 iteaerve Fund ...... 243,272 ' 294,427 Total .£10,910,570 £12,530,443 ASSETS— ; /ash in hand, at bankers, and at call 837,187 980,375 'iked deposits available at short call 915,000 , 915,000 Advances and overdrafts 9,339,727 10,594,569 fovernment securities 242,986 294,486 Tgta]_ £11,234,901 jE]2,784J30
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https://paperspast.natlib.govt.nz/newspapers/EP19270728.2.101.4
Bibliographic details
Evening Post, Volume CIV, Issue 24, 28 July 1927, Page 14
Word Count
134A FARMERS' BANK Evening Post, Volume CIV, Issue 24, 28 July 1927, Page 14
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