The Banks Reopen
The following entry relates to Bank of Scotland’s Glasgow branch. It provides an illuminating insight into conditions when the banks reopened after their extended holiday:
European War. 7 Aug/14 G[lasgo]w office have had a busy day but everything has passed off satisfactorily. Deposits have exceeded withdrawals by about £50,000... There has been a heavy demand for silver.
Though, as expected, requests for cash (silver coin) had been higher than normal, customers were still paying in substantial sums of money – a sign of their continued faith in the banks.