MONEY MARKET.
'PRESS ASSOCIATION—COPYRIGHT New York, Oot. 24. i The United S'ates Treasury stimulates ths Natioual Banks' circulation to the extent of 18 milliou dollars, by seeeptmg approved securities ether than Government bonds for deposits already made. The bonds reloaced remain in iho Treasury as tho basis of additional note issues. London, Oot. 24. The Times says this is satisfactory as far as it goes, but tho amount in trivial as oompared with the requirements of the situation.
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Bibliographic details
Gisborne Times, Volume XXIII, Issue 1915, 26 October 1906, Page 2
Word Count
78MONEY MARKET. Gisborne Times, Volume XXIII, Issue 1915, 26 October 1906, Page 2
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