Scottish Banking Trends, 1950‐56
| Date | 01 February 1957 |
| Author | M. Gaskin |
| Published date | 01 February 1957 |
| DOI | http://doi.org/10.1111/j.1467-9485.1957.tb00220.x |
RECENT ECONOMIC TRENDS
Year’
Deposits Notes
1950 760 71
1951 748 76
1952 761 85
1953 782 92
1954 833 98
1955 775 105
SCOTTISH
BANKING
TRENDS,
1950-56
Cash
:::“i
Bills
T.D.Rs
Advances
__.__-_____-__--__
...
...a
...
a
21 410 188
96 69 21
8
361
231
104
88
30
-
367 211
109 82 24
-
398 206
-
413 228
-
363 214
116
85
28
121 87 28
In each case figures are totalled
from
balance sheets appearing
between September
of
the year indicated and February
of
the following
year.
*No
totals are shown because one bank lumped together all liquid
assets in its
1950
balance sheet.
I
Table
I
shows the movements
of
various types
of
assets and liabil-
ities, as shown in five cycles
of
annual balance sheets, 1950-51 to
1955-56. This covers the period that saw the revival of the use of
monetary weapons, and it finishes at the end
of
the first year
of
the
current credit squeeze. Some interesting points emerging in this period
are discussed below.
1.
Liquid
assets.
Cash holdings have increased steadily throughout
the period, both absolutely and relatively to deposits. The cause
of
this
is
the rise in note circulations
;
these have risen in line with the
general expansion of currency, and with the trend to a higher ratio
of circulating media
to
bank deposits. Bills and money-at-call have
68
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