COMMONWEALTH BANK
STRONGER POSITION
(Australian Press Association)
SYDNEY, Feb. 13.
Substantial movements are shown in the weekly return off the Commonwealth Bank up to February 10th. The note issue is £480,500 lower, standing now at £41,903,726, while the golcl reserve had risen by up to £21,581,207. Some gold lias evidently been obtained from other institutions, and has been placed in the notes reserve, preparatory to shipment to London. . The London figures of the banking department of the bank reveal a ;contraction from £4,300.000 to £3,90(N)60 in the money at short call in London^
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Hokitika Guardian, 14 February 1930, Page 4
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93COMMONWEALTH BANK Hokitika Guardian, 14 February 1930, Page 4
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