It is so far satisfactory that the margin of advances m excess of deposits shows a reductmn of roughly”£3,ooo,ooo,” said Mr G. W. M Intosh, chairman of the associated banks, when reviewing the financial position of the country, as revealed bv the bank returns for the past quarter. “It is essental to the welfare of the oommunty, however, that the whole ’of the remaining excess of £4,000,0'00 should disappear, ° and it is well or the public to know that this can be largely helped by depositors placing their money with the trading banks, and so making it available in commercial and producing channels. The position still requires to be viewed cautiously.” A flower which can be seen in profusion on any of the Southland hillsides is the Scarlet Pimpernel (says the Times). As its name implies, it is of a scarlet colour with a purple heart. The name of the flower is famous from its association with Baroness Orczy’s well-known book.
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Otago Witness, Issue 3853, 17 January 1928, Page 17
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161Untitled Otago Witness, Issue 3853, 17 January 1928, Page 17
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