HALF-CROWNS SCARCE.
BANKS IMPOSE LIMIT. LARGE LEAKAGE ABROAD. (From Our Own Correspondent.) AUCKLAND, July 11 Half-crowns are scarce in Auckland. The cause is believed to be that many people leaving New Zealand are taking as mucH silver as possible, and that as half-crowns are exclusively British mintage they comprise the bulk of the silver leaving the country. At least one Auckland bank found it necessary yesterday to impose a limit on the number of half-crowns it issued to firms for paying their weekly wages bill. Since the 10 per cent, cut in the wages bill became general there has been a greater demand for silver, because many whose salary used to be computed in even pounds now find coins in their pay envelopes.
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Thames Star, Volume LXV, Issue 18238, 11 July 1931, Page 2
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123HALF-CROWNS SCARCE. Thames Star, Volume LXV, Issue 18238, 11 July 1931, Page 2
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