WHEN WILL THE BANK RATE COME DOWN?
FINANCE MINISTER PROMISES STATEMENT [ Per - Press Association ] WELLINGTON, July 5. In the House of Representatives today, Mr W. E. Parry (Auckland West) asked the Minister of Finance (tho Hon. Downie Stewart) if he would take steps to compel the banks to reduce their over-draft rates to a figure comensuratc with the dividends paid. The Minister said that some time ago he had promised, when the June figures were available, to go into the question. Those figures were now available and wore being examined by the banks. He would be able to make a statement, he hoped, in two or three days.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/WC19280706.2.50
Bibliographic details
Wanganui Chronicle, Volume LXXXIII, Issue 20191, 6 July 1928, Page 7
Word Count
108WHEN WILL THE BANK RATE COME DOWN? Wanganui Chronicle, Volume LXXXIII, Issue 20191, 6 July 1928, Page 7
Using This Item
NZME is the copyright owner for the Wanganui Chronicle. 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 NZME. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Log in