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I LOCAL BANK RATES.
The ^following are the local bank rates
as revised by the associated banks
Per cent.
4 '.Per Annum.
Advances- .
Discount rate .. ..? .. ... 6 to 8 N
I Overdraft rate. 6 to 8
Deposits
Three months .. .. .. Nil to 21
I Six months. 2 to 3J
i Twelve months. 4
j Two years and over ... *i
I London Exchange
I Buying p.c. Sellins u.c.
. Discount. Premium.
Telegraph Transfers.... - 37s. 6d.
On demand. Par. 25s. Od.
30 days .. ..'. 7s. 6d. 17s. td
60 days. 17s. 6d. 7s. 6d.
90 days. 27s. 6a. -
Interstate Exchange
»er cent.
Victoria. 12s. 6d.
New South Wales ....
Ójuecnshmd. il6- fi'
South Australia. 12s 6d.
Tasmania. .. . H"f Sa .
New Zealand . 20s; Od..
$