DOMINION NEWS.

Taranaki Daily News, 9 July 1918, Page 6

DOMINION NEWS.

BANTKIXG RETURNS. By Telegraph.—Press Association. Wellington, July 8. The aggregate banking returns for tlie six Months trading in New Zealand for the quarter ended June 30 are as follow: June 30,1917. June 30,1918. £ £ Free ijepoaits 23,380,956 22,110,627 Govt, deposits ... 7,455,823 14,061,271 Fixed deposits .. 13,819,184 13,929,448 Advances ....... 26,809,016 31,603,313 Discounts 1,470/587 1/244,452 Note circulation. 4,890,803 6,134,494 Coin and 'bullion,. 8,0G0,109 8,080,635 BAD WEATHER Ln t SOUTH. Christchurch, July 8. Communication with Lake Coleridge has now been established, a party getting through yesterday. The north line has been thoroughly tested, all faults cleared, and the current turned cn luit night- The city is, therefore, now receiving electric current by both lines, but permanent repairs to the eystem will occupy s ome tuneLate?. The railway service throughout Canterbury has been restored to its joimal condition. The Wejt Coast train is expected to leave to-morrow, but there is no guarantee of the coach service from Otira to Arthur's Pass being able to provide the connection link. An officer of the Department «aid to-day that che interruption caused by the recent storm was the worst experienced in the history of the New Zealand railways.