These amount to $6.90 1 and represent deposits by individuals and firms made in branches outside of Canada. Part of these deposits in all probability bear interest. Combining them with the deposits maintained by foreign banks gives a total of nearly $9 representing funds supplied by depositors outside of Canada. An examination of the asset side of the statement shows that the greater part of this amount is invested as a quick asset in call loans outside of Canada and on deposit with foreign banks. This question will be fully considered in connection with call loans.
1 Read thus: "$6.90 out of every $100 due the public."