WRITING OFF.
DEPRECIATION OF SECURITIES. 1 By Telegraph.— Press Aisoclattem.— Copyright. LONDON, 26th January. Lord St. Aldwyn, at a meeting of the London Joint Stock Bank, stated that nine of the largest London banks had written off £6,283,000 as depreciation of gilt-edged securities since 1903. The Joint Stock Bank had adopted the policy of investing in short-date bonds instead of in Consols.
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Bibliographic details
Evening Post, Volume LXXXIII, Issue 23, 27 January 1912, Page 7
Word Count
62WRITING OFF. Evening Post, Volume LXXXIII, Issue 23, 27 January 1912, Page 7
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