RANKING TURNOVER.
CLEARING-HOUSE RECORD.
Reuter. LONDON, Jan. 4. The Bankers' Clearing House operations for 1919 aggregated £28,415,000,000 sterling, an increase of £7,217,000,000 over 1918, surpassing all records. The high cost of raw materials and the increased price of production, with the consequent greater demand for banking accommodation, largely Accounts for the greater turnover.
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Bibliographic details
New Zealand Herald, Volume LVII, Issue 17360, 6 January 1920, Page 5
Word Count
53RANKING TURNOVER. New Zealand Herald, Volume LVII, Issue 17360, 6 January 1920, Page 5
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