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INTEREST RATE WILL INCREASE, BANK MAN SAYS.

COMMONWEALTH MAY RAISE BIG LOAN. By Telegraph.— Press Assn.—Copyright. Aus. and N.Z. Cable Association. (Received December 17. II am ) SYDNEY, December 17. Tho Mavor of Auburn, reporting to his council regarding failure to raise a loan from the Commonwealth Bank, said that during the interview thr> manager said it was probable the bank would have to finance a large Commonwealth loan early next year. There was a probability, too, of the interest rate being increased to 6$ per cent.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/TS19271217.2.19

Bibliographic details

Star (Christchurch), Issue 18340, 17 December 1927, Page 1

Word Count
86

INTEREST RATE WILL INCREASE, BANK MAN SAYS. Star (Christchurch), Issue 18340, 17 December 1927, Page 1

INTEREST RATE WILL INCREASE, BANK MAN SAYS. Star (Christchurch), Issue 18340, 17 December 1927, Page 1

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