Gold reserve sentence example

gold reserve
  • The gold reserve in the possession of the Banca dItalia on September 30th 1907 amounted to 32,240,984, and the silver reserve to 4,767,861; the foreign treasury bonds, &c. amounted to 3,324,074, making the total reserve 40,332,919; while the circulation amounted to 54,612,234.
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  • The deficit in the treasury made it inevitable that the gold reserve should be used to meet current expenses.
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  • On July 23 1914 the gold reserve of the Austro-Hungarian Bank amounted to 1,238 millions of kronen, its silver to 291 millions.
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