The news magazine of the South Pacific · since 1930

Pacific Islands Monthly, 1 July 1955Vol. XXV, No. 12

New Commonwealth Bank Opened in Moresby

p. 69 · Read in the full issue

Port Moresby's new £60,000 Commonwealth Bank building was officially opened by the Administrator, Brigadier Cleland, in June.

Staff quarters for bank officers at Ela Beach were completed some time ago. The bank is on the corner of Douglas and Mus grove Sts.

Brigadier Cleland des cribed the opening of the bank as another step in the progress of the Territory and a notable addition to the town of Port Moresby.

He said also that further projects of the bank were in hand for Rabaul, Lae and Madang, and work would start on them as soon as labour and materials were avail able.

The Administrator congratulated the bank on its appointment and training of four native clerks, two at Rabaul and two at Port Moresby. He said he understood all were making good progress and added: "I commend the bank for the manner in which it is caring for the people in this experiment". —Photo by Papuan Prints.