BANK'S FAILURE.
STIR IN AUSTRALIA.
ACTIVITIES NOT CONSIDERABLE
(Received August '25. 9.33 p.m.) SYDNEY, August 25
Compared with other trading banks the activities of the Primary Producers' Bank, which failed yesterday, were not considerable. It had a staff of about 150 and concentrated mainly on financing pastoralists and agriculturists.
Most of the business of the bank was clone in the eastern States of Australia. Nevertheless, the fact that it has collapsed lias caused a stir in the different cities.
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Bibliographic details
New Zealand Herald, Volume LXVIII, Issue 20961, 26 August 1931, Page 9
Word Count
79BANK'S FAILURE. New Zealand Herald, Volume LXVIII, Issue 20961, 26 August 1931, Page 9
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