NEW SITE FOR BANK
LAND AT £9OO A FOOT REPORTS Oh 1 PURCHASE (P(,v Press Association.) AUCKLAND, last night. At a price, believed to be about fihll) a foot, the Bank of New South Vitales is reported to have purchased •i property in Queen street,, next to th V Auckland Savings Bank. Übdlouing its recent purchase ol two adjoining Queen street propel ties as a, ..site for the erection of a large
bunk building, its latest transact ion is further evidence of the intensification of banking activity, which is interpreted in some quarters, as representing the intention to extend the forms of business in which it now operates. When approached on the question, ( Mr. N. H. Packet, acting-manager in Auckland, would neither deny nor confirm the purchase.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/PBH19370525.2.138
Bibliographic details
Poverty Bay Herald, Volume LXIV, Issue 19333, 25 May 1937, Page 11
Word Count
127NEW SITE FOR BANK Poverty Bay Herald, Volume LXIV, Issue 19333, 25 May 1937, Page 11
Using This Item
The Gisborne Herald Company is the copyright owner for the Poverty Bay Herald. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International licence (CC BY-NC-SA 4.0). This newspaper is not available for commercial use without the consent of the Gisborne Herald Company. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Log in