THE BANK RATE,
HINTS OF A RISE. (By Telegraph—Press Assn.—Copyright.) (Australian Press Association.) (Received August 30, 8.45 a.m.) SYDNEY, August 30. The probability of an increase in the bank rate is indicated in the halfyearly report of the Commonwealth Bank" The report refers to the unsettled condition of the American money market, and then emphasises that although the bank rate remains at 5£ per cent, in London, opinion is speculating upon the possibility of a hardening rather than a reduction of the bank rale, which the report states is bound to have some reflection in Australia.
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Waikato Times, Volume 106, Issue 17803, 30 August 1929, Page 7
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96THE BANK RATE, Waikato Times, Volume 106, Issue 17803, 30 August 1929, Page 7
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