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MONEY SCARCE
.REPORT FROAI SOUTH AFRICA (Aust. and N.Z. Cable) (Reoeivedi Sept- 6. 1 p.m.) Capetown, Sept. 5. Stringency of the money market in South Africa, is reflected ■by an increase of fjhe discount rate in f.be Reserv Bank fo 6 per cent. The Commercial Bank is offering higher interest on fixed deposits. The bad position of the country is accentuated by a decrease in more prices .which is...costing (he country £5,000,000. ,
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https://paperspast.natlib.govt.nz/newspapers/FS19290906.2.101
Bibliographic details
Feilding Star, Volume 7, Issue 2305, 6 September 1929, Page 8
Word Count
72MONEY SCARCE Feilding Star, Volume 7, Issue 2305, 6 September 1929, Page 8
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