BANK CLEARINGS.
RECORD LAST YEAR,
LONDON, Jan. 1
Despite the trado conditions, a record was broken by last year’s bank clearings, which totalled £40,437,000,000, an increase of £904,000,000. The annual statement attributed the increase to the signs of an increase in the commercial banking turnover, also to the increase in hew issues, especially after the embargo on overseas loans was removed. New issues totalled £224,000,000, an increase of £12,000,000. —A. and N.Z. cable.
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Bibliographic details
Manawatu Standard, Volume XLVI, Issue 29, 4 January 1926, Page 8
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73BANK CLEARINGS. Manawatu Standard, Volume XLVI, Issue 29, 4 January 1926, Page 8
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