RURAL CREDIT SYSTEM
SfttAUi INTEREST ARREARS '< .-if*. •• ,; ''A rPtum of arrears presented to the monthly meeting in Wellington of the , Jtural intermediate Credit Board showed that at June 30 last, arrears of interest owing by borrowers amounted to less than £550. which would shortly he reduced by distributions to be made tinder the “pooling” arrangements m fAce with regard to certain of the board’s borrowers: The total of advances made by the ' board from the inception of the system to that date exceeded £1,217,000, and the amount owing under current loans was a little less than £206,000. r 1 ————————■——
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Bibliographic details
Poverty Bay Herald, Volume LXIII, Issue 19098, 20 August 1936, Page 15
Word Count
99RURAL CREDIT SYSTEM Poverty Bay Herald, Volume LXIII, Issue 19098, 20 August 1936, Page 15
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