English Translation

34 V V r t rau l ic h! The Gonder representative of the Deutsche Reichsbank at the National Bank of Prague II, 6 July 1944 for Bohemia and Moravia Bredauergasse 7, Tel. 398=30 and 260=77. To the 1639. - Mr. Head of Division I Zgb. No. z. zd. von Herrn Ministerialrat Dr. L a n d m a n n S by the hand of Mr. Abteilungsleiter V. I1 Pra g IV. Czernin - Palais. - 1 8.011 bt - Betr.: Quarterly administrative report as at 30 June 1944. Reference: Decree of 12 November 1942 - No. I 1 a - l8oo. 20 832 Se The National Bank of Bohemia and Moravia in the II.Quarter l944. T.S EE 1./ The credit business: The credit transactions of the National Bank in II. As in the previous periods, these items only concerned transactions in Reichspapieren. On 31 March 1944, 1 944,9 million K and on 30 June 1944, 2 862,- 11 ". From the latter amount, 1 69o,2 million K on purchased CNR Reichswechsel and 1 171,8 " on Reichssschatz- ASHEE Ianweisungen. RVS K 2./ Cash flow and its administration: Cash flow in circulation in the second quarter of 1984 again showed a significant increase of 18.422. The favourable effect of the exchange action of the looo K banknotes II. Form on cash flow in the first quarter of 1986 ended with the exchange period ending on 1 5 April. In comparison with the previous quarters, medium-term currency circulation showed the following increase: Quarterly: II.1944: I.19 44: IV.1943: III.19 43: II.194: Mill. K 2 862 720 5 883 3 823 2 688 in % 7.8 2,- 19.6 14.5 11.4 o. The total amount of cash in circulation on June 3, 1994 was 39 635 million K. Of the increase recorded in the second quarter, 83% is attributable to the increase in banknote circulation, especially of banknotes of higher values. MAgST The reason for the further rising trend in payment transfer is mainly due to the change in Reichsmark's means of payment.