BANKING RETURNS

Grey River Argus, 8 October 1914, Page 6

BANKING RETURNS

LAST QUARTER'S FIGURES. (Per United Press Association.) WELLINGTON, Oct. 7. The first of the New Zealand banking returns for the quarter ended September 30 is that of the Union Bank of Australia. Compared with the coresponding quarter of 1913, the figures are asfollows/: — SEPTEMBER, 1913. c Free deposits 1,826,635. Fixed deposits 1,3543368. Gov. deposits • Advances ._. 3,449,897. Discounts Circulation :.... 130,405. Coin and bullion ....!.. 720,773. SEPTEMBER, 1914. Free deposits 2,077,043.^ Fixed deposits 1,302,518. Gov. deposits 5 1 Advances 4;i 2l>S7 2 Discounts 182,704. Circulation 162,413. Coin and bullion 726,851. The banks trading in New Zealand have fixed the following rates of exchange as on and from October 7 :— Buying rate, demand 15s, discount, 3o days, 22s 6d; discount, 60 days, 30s; discount, 90 days, 40s; discount 10 days, 50s; discount, selling rates, demand 20s premum; 30 days 12s 6ci premium; 60 days. 5s premium. ; The Dunedin "Star" says:—"R-'se up. Dunedin, the weathiest city in the DomiTiron ! See to it that your Mayor is invited to call a public meeting to request the Government to ympose a war tax that shall be sufficient to provide for a long and wearing time of trial, and shall fall at the same time on the shoulders of those best ahje to bear it."