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BANKING RESERVES.

AUSTRIA AND GERMANY DECLINE. By Telcsraph—Press Association-Copyright. (Rec., January 22, 5.5 p.m.) London, January 22. "The Times" Vienna correspondent declares that the proposal to place the State Bank's metallio reserves, averaging 70 millions sterling, at the disposal of tho' Imperial German Bank is a significant dein,, international banking.

. The State Bank referred to is prethe Austro-Hungarian State Bank. Austria-Hungary has recently borrowed much money from Germany, and the new arrangement will make the financial , relations much closer than hitherto.'

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/DOM19110123.2.39

Bibliographic details

Dominion, Volume 4, Issue 1032, 23 January 1911, Page 5

Word Count
81

BANKING RESERVES. Dominion, Volume 4, Issue 1032, 23 January 1911, Page 5

BANKING RESERVES. Dominion, Volume 4, Issue 1032, 23 January 1911, Page 5