THE MONEY MARKET.
BANK OF ENGLAND RETURNS. LONDON, February 12. The Bank of England returns, for the week ended February 12, as compared_ with those for the week ended February o, are as follow:—- ~ Feb. 12. Feb. 8. Note circulation && deJSto 6 .:::: tiiffi tffi™ Other deposits .... 91,615,000 06.140.000 fJnvf securities •«• 36.420,000 40,00U,Uw Other securities ... 32,830,000 29,528,000 proportion of reserve to liabilities 51.30 45.60 SHORT LOANS AND BILLS. Short loans, 2 per cent, are the same as last week, and three months' bills, 2£ per cent, compare with 2 15-32 per cent last week. The Bank of England discount rate is 3 per cent, to which it was reduced from 31 per' cent on May 1.
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Auckland Star, Volume LXII, Issue 37, 13 February 1931, Page 4
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115THE MONEY MARKET. Auckland Star, Volume LXII, Issue 37, 13 February 1931, Page 4
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