MONEYS ON DEPOSIT
SOCIETIES AND COMPANIES In accordance with the provisions el' the National Expenditure Adjustment Ad, 1932, quarterly returns of deposits are required to he furnished by all building and investment societies and tradp'S companies accepting money on deposit. The first of these returns, for the quarter ended June 30 last, is published in the current issue of the Monthly Abstract of Statistics. It is shown that £663,655 was borrowed during the quarter in the case of the 132 building and investment societies making returns, and £589,468 in the case of 541 trading companies or persons accepting deposits. The amounts repaid were £705,429 and £668,548 respectively. At the end of j tlio quarter the total deposits were j £3,384,932 held by the societies autl | £6.770,333 held bv the companies, a! total of £10,155,265. The sum held by companies included £1.416,235 from shareholders, partners and staffs.
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Bibliographic details
Poverty Bay Herald, Volume LIX, Issue 17955, 6 December 1932, Page 9
Word Count
146MONEYS ON DEPOSIT Poverty Bay Herald, Volume LIX, Issue 17955, 6 December 1932, Page 9
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