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.
- The deficit in the treasury made it inevitable that the gold reserve should be used to meet current expenses.
- On July 23 1914 the gold reserve of the Austro-Hungarian Bank amounted to 1,238 millions of kronen, its silver to 291 millions.Advertisement