Farmer's magazine (January-December 1920) . ,000,000 in call loans abroad,and at the aarre time a reduction ofnearly $4,00i),000 in Canadian call,the latter being rather surprising inview of the activities of the local stockmarkets during that period. Balancesin foreign banks increased over $11,000,-000 and in banks of the United King-dom over $2,000,000; municipal loansshowed a further increase of $2,500,000,while loans en public securities werehigher by $1,400,00T) and loans on rail-way securities lower by $1,200,000. Govtrnment Credits Lower A reduction of $7,650,000 in goldreserve indicate
Farmer's magazine (January-December 1920) . ,000,000 in call loans abroad,and at the aarre time a reduction ofnearly $4,00i),000 in Canadian call,the latter being rather surprising inview of the activities of the local stockmarkets during that period. Balancesin foreign banks increased over $11,000,-000 and in banks of the United King-dom over $2,000,000; municipal loansshowed a further increase of $2,500,000,while loans en public securities werehigher by $1,400,00T) and loans on rail-way securities lower by $1,200,000. Govtrnment Credits Lower A reduction of $7,650,000 in goldreserve indicate. one source of capitaldrawn upon in order to meet the needsof current trade and industry. How-ever, one indication of a marked changein the whole trend of the financialsituation is that, despite increaseof about $11,000,000 in gross assetsduring the month, there was an increaseof over $100,000,000 in June a yearago. This was in Government secur-ities. The fact that, instead of in-creasing its obligation to the banks{Continued on page 19.). HORSE AILMENTS of many kinds quickly remedied with DOUGLAS* EGYPTIANLINIMENT Tbe best all-round liniment for theBlable as well as for householduse. Sures fhrush, sprains, BLEEDING INSTANTLYAND PREVENTS BLOOD Keep it handy. Price 35c. At all Dealers and Druggists. Manufactured only byDOUGLAS & NAPANEE. Ont.
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Keywords: ., bookcentury1900, bookdecade1920, booksubjectagriculture, bookyear
