Year No. Share Capital Deposits 1848 1 Kr 80 000 | Kr 1 000 000 1875 1a > 9300000 | » 59 300 000 1900 76 >» 46500000 | » 256600 000 1914 119 >» 76500000 | » 630400000 1918 193 >» 510000000 | » 2720000 000 1920 192 » 509100000 | » 3112500000 1924 164 » 246800000 | » 2158 200000 1928 148 >» 194900000 | » 1645800000 1930 151 >» 201428000 | » 1498300000 1931 145 » 182649000 | » 1372600000 The years immediately following the Great War were a very difficult period for joint-stock banks, The high level of commodity prices and the great slump resulted in a collapse of values,which in some instances disappeared altogether. Commod- ity prices, which in 1920 soared to a height more than four times that of 1913, fell rapidly. The same state of unrest was reflected in rates of exchange: \ Yearly Average Index of Prices according to the «Okonomisk Revue» Dollar Rate 100 233 196 148 125 3,73 (par) 6,04 4,52 3,74 5,58 Heavy losses were sustained and a number of banks, both large and small, had to suspend pay- 119