BANKING SYSTEM.
Per Press Association. AUCKLAND, Feb. 19. Addressing the annual meeting of the Chamber of Commerce, the retiring president, Mr Malcolm Stewart, said that the*depreciation of the New Zealand pound compared with the. British pounu to the extent of 10 per cent, was puzzling the business community, and a frank statement by the associated banks would be welcomed. The view was commonly held that New Zealand funds in London were being transferred to the credit of Australia. If such was the case, our banking system needed review.
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Bibliographic details
Manawatu Standard, Volume LI, Issue 69, 20 February 1931, Page 7
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88BANKING SYSTEM. Manawatu Standard, Volume LI, Issue 69, 20 February 1931, Page 7
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