INCREASE IN BANK DEPOSITS
AUSTRALIAN ADVANCES DECLINE.
AID TO STATES REVERSES RATIO.
By Telegraph—Press Assn.—Copyright. Sydney, Nov. 29.
The Commonwealth Bank’s deposits in the cheque-paying accounts increased by £7,153,000 to £306,889,000 in the year ended September 30. Fixed deposits were £7,071,000 higher at £218,278,000. Advances decreased by £17,879,000 to £257,589,000, the ratio to total deposits falling from 91 to 85.94 per cent. Owing, however, to the financial accommodations afforded various Governments, advances and investments together totalled £346,563,000 to September 30, the ratio to deposits being 112.93 per cent.
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Taranaki Daily News, 30 November 1932, Page 7
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88INCREASE IN BANK DEPOSITS Taranaki Daily News, 30 November 1932, Page 7
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