CITY ACCEPTS MONEY AT CALL
The Duncdin Corporation is now prepared to receive deposits on call at 4 per c. t. The Dunedin "Star" states that this does not break new ground. Such a practice has been followed occasionally over many years. It means the saving of a little bank interest at any period when money is on the way into, the treasury but •has not actually arrived. That is the position now. The rates for the year will shortly be paid in. The City Treasure* is quite easy about the matter, knowing from experience that as much, as he wants will bo forthcoming. "On call" in this case means a day's notice on either side.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/EP19311013.2.143.11
Bibliographic details
Evening Post, Volume CXII, Issue 90, 13 October 1931, Page 12
Word Count
116CITY ACCEPTS MONEY AT CALL Evening Post, Volume CXII, Issue 90, 13 October 1931, Page 12
Using This Item
Stuff Ltd is the copyright owner for the Evening Post. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons BY-NC-SA 3.0 New Zealand licence. This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.