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SEASONAL DEMAND

BANK FIDUCIARY NOTE ISSUE

(British Official Wireless.)

LONDON, December 6.

The Chancellor of the Exchequer, Sir John Simon, announced in the House of Commons that he had given directions at the request of the Bank of England that, as from December 6, the fiduciary note issue, which was reduced from £260,000,000 to £200,000,000 in 1936, should be temporarily raised to £230,000,000 to meet seasonal demands.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/EP19381208.2.109.3

Bibliographic details

Evening Post, Volume CXXVI, Issue 138, 8 December 1938, Page 12

Word Count
67

SEASONAL DEMAND Evening Post, Volume CXXVI, Issue 138, 8 December 1938, Page 12

SEASONAL DEMAND Evening Post, Volume CXXVI, Issue 138, 8 December 1938, Page 12

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