LOAN TO NEW YORK CITY
FINANCIAL EMBARRASSMENT OVERCOME BANKERS FIND MONEY (Unitf'd Pr- «!* By Electric Telegraph Copyrignt.) NEW YORK, Oft. 3.1. The city once again has been saved from acute financial embarrassment c and inability to meet the city payrolls, when backers under the financing agreement to-dav put twenty-five million dollars at the comptroller’s disposal. • ; Thirty-seven banks supplied the “7 monev at 4 ]mt cent. This enabled the payment of teachers, Jjpspitnl staffs and police, who recently more than once r have been faced by “empty city coffers.
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Bibliographic details
Hawera Star, Volume LIII, 2 November 1933, Page 5
Word Count
88LOAN TO NEW YORK CITY Hawera Star, Volume LIII, 2 November 1933, Page 5
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