TRANSFERS OF GOLD.
(By Telegraph—Special to Standard.) WELLINGTON, Dec. 8. One of tlie differences between the Treasury and the Associated Banks which lias delayed the introduction of the Central Reserve Bank Bill was the fixation of tlie price at which gold reserves would be transferred from the trading banks to the new central institution. It is understood that a compromise has been reached and the Bill will provide for adjustment of the price by arbitration methods.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/MS19321208.2.117
Bibliographic details
Manawatu Standard, Volume LIII, Issue 9, 8 December 1932, Page 8
Word Count
76TRANSFERS OF GOLD. Manawatu Standard, Volume LIII, Issue 9, 8 December 1932, Page 8
Using This Item
Stuff Ltd is the copyright owner for the Manawatu Standard. 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.