Commonwealth Bank Returns
SOME INTERESTING FEATURES
United Press Association.—By Electric Telegraph.—Copyright. SYDNEY, Dec. 31.
The Commonwealth Bank return shows that the note issue iucreascd by £1,000,009 in the past week to £54,803,000 at December 28, a total increase in three weeks of £3,000,000, or £500,000 more than a year ago, indicating a freer expenditure during the Christmas season. Tho assets total £55,299,000, including gold £10,500,000, and debentures and other securities £44,234,000. The ratio of gold to notes is 19.16 per cent. In the banking department the deposits total £45,452,000, money in London £13,795,000, Government securities £28,794,000, short loans and discounts £12,155,000. Tho ratio of cash to deposits is 12.58. Tho savings bank deposits throughout the Commonwealth on .September 30 totalled £193,581,000, maintaining the increase which began in July, and as the increase continues the prospects for the year arc regarded with optimism.
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Bibliographic details
Manawatu Times, Volume LV, Issue 6746, 2 January 1932, Page 10
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142Commonwealth Bank Returns Manawatu Times, Volume LV, Issue 6746, 2 January 1932, Page 10
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