COMMONWEALTH GOLD HOLDING.
On 3rd ■■ November the amount of the Australian aote issue -was £45.103,426, and the gold reserve held by the Commonwealth against those notes was £15,255,----193, ■representing 33.85.per cent, of the note issue. The legislation which governs the Australian note issue provides that there shall be held "in gold coin ;i reserve of not less than one-fourth of the amount of Australian notes issued."
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https://paperspast.natlib.govt.nz/newspapers/EP19301120.2.110.16
Bibliographic details
Evening Post, Volume CX, Issue 122, 20 November 1930, Page 12
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66COMMONWEALTH GOLD HOLDING. Evening Post, Volume CX, Issue 122, 20 November 1930, Page 12
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