WAR AND THE BANKS
«!ho influence of the war on the great national banking institutions of belhgeients and neutrals," the ohainnaii o the lonian Bank o£ London lately pointtu out at its annual meeting, "has been to : a dd at leut 2000 millions stoning to the iiote circulation and 500 millions sterling o their holdings of gold the obW e«j£ tions being thoso oi Italy, vhich oUs about six millions sterling less, *nd w be presnmed that her etoro of goia has been seriouslv diminished. .. "The resources of these banks in the shape of deposits have been increased lareelv owing to commercial capital ou aS scale having been withdrawn from ;itf usual channels, to the enormous pro-«er-i.cr.»i..- S™> W*JS£f ' trnciPfl their commercial loans ami oi» W '' r ilrwulv the first, effects of the war on the St of the world have passed away ind >e international, commercial, ami tadnrfrial trade of the AWod W.igewnis and of neutrals lias recovered, in certain mots almost, so as to placo it on an anteSTbMfa, anfl in othe* to amounts beyond all previous record.
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Dominion, Volume 11, Issue 49, 21 November 1917, Page 5
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180WAR AND THE BANKS Dominion, Volume 11, Issue 49, 21 November 1917, Page 5
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