7 JANUARY 1928, Page 34

BANKERS CLEARINGS.

If evidence were required as to the extent of financial activities in the past year it is certainly furnished in the annual statistics of the clearing of cheques through the `Bankers' Clearing House. The grand total of such clearings in 1927 amounted to £41,550,541,000, being an increase over the previous year of £1,725,487,000, or 4•8 per cent. Of Course, the year 1926 was an abnormal year owing to the anfavourahle effects of the coal stoppage. If comparison, hirwever, is inade with 1925. which was a record year as regards the total .of hankers' clearings, an increase is also shown of £1,113,422,0fl0,