The London Clearing Banks

average balances bank advances Bank Charter Act bank lending Bank of England Bank rate Bank's bankers banking system bills of exchange Board for Prices borrowing branch banks branches Britain British banks bullion bullionists capital cash ratio cash reserves cent century cheques circulation clearing bank deposits commercial banks companies competition cost country banks currency current accounts customers debt decline demand deposit accounts economic effect Exchequer expansion fact finance financial intermediaries foreign funds gold goldsmiths growth holdings Ibid increase industry institutions interest rates investments joint-stock banks latter less liquid assets liquidity ratio Lloyds Bank London clearing banks long-term maturity ment Midland Bank million monetary policy money supply Monopolies Commission note issue official operation overdraft payments period portfolios Prices and Incomes private banks profits Radcliffe Committee reduced sector securities short-term subsidiaries tion trade Treasury bills Trustee Savings Banks volume