Banking on the Frontier
p. 140 · Read in the full issue
A party of 28 Buffalo Lodge mem bers from Lae, Wau and Bulolo chartered a special plane to visit
Port Moresby during the week-end May 15-17, as guests of the Port Moresby Buffalo Lodge.
In the foreground is the site where a new branch of the Bank of New South Wales will soon be erected in Port Moresby. Work was begun there in April. In the background can be seen the galvanised-iron hutment where the Branch at present carries on its business. There are, as yet, no permanent bank buildings in Port Moresby. The Commonwealth Bank is also in temporary premises. The newest comer to banking in Moresby, the ANZ Bank, seems likely to have the first permanent premises; a new building, near the new Steamships Trading Co. store, was well on the way for ANZ in May.