The Archive · 1938

Banque De France Weekly Balance Sheet

Paris, Feb. 24.

The weekly balance sheet of the Banque de France which was release ed to-day reveals no change in the gold reserve Advances by the Bank on securities and short term loans decreased respectively by Frs. 119,000,000 and Frs. 324.000,00.

Notes in circulation declined by Frs. 628000000, while depositors' current accounts dropped by Frs.

500,000,000.

Total liabilities at sight declined by about Frs. 1,200,000000, thereby raising the gold coverage ratio from 48.39 per cent. to 48.89.—Havas.

Text read from the printed page and cleaned; old type leaves the occasional error.

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