SAVINGS INTO LOAN
A decline in the amount of deposits in Australian savings banks up to the end of May reflects the re-entry of small investors into the public loan market. The Commonwealth loan of £10,250,000, which was current in the second half of the month, attracted many thousands more small investors than any recent loan. Savings bank deposits.suggest that probably £700,000 was withdrawn during May for loan investment. The amount of deposits at the end of the month was £235,955,000, a decrease of £93,000, compared with deposits at the end of the previous month. \
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Evening Post, Volume CXXVI, Issue 4, 5 July 1938, Page 14
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95SAVINGS INTO LOAN Evening Post, Volume CXXVI, Issue 4, 5 July 1938, Page 14
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