Annual Report Of The Commissioner Of Banks For The Year Ending October 31 1929 Vol 3

Excerpt from Annual Report of the Commissioner of Banks for the Year Ending October 31, 1929, Vol. 3: Relating to Co-Operative Banks and Savings and Loan Associations During October and November these banks were subjected to heavy withdrawals in the most part through the cashing of paid-up and matured shares. It became necessary for many Of them to borrow funds to make these payments and this fact demonstrated the need of carrying a suitable portion of their assets in more liquid form than is required by the existing statutes. A recommendation to this effect has been submitted for consideration and is included among the following recommendations. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.