LONDON MONEY MARKET
BANK OF ENGLAND RETURNS. GOLD HOLDING STEADY. THREE MONTHS' BILLS CHEAPER. (Received 10 a.m.) LONDON. May 18. The Bank of England returns for the week ended May IS. as compared with those for the week ended Mav 11. are as follow : — May 18. May 11. £ £ Note circulation .... 370.030.000 372.510.000 Coin 190,022.000 190,0j7.000 Notes in reserve .... 75.332,000 73,478.000 Govt, deposits 15,594.000 11,374,000 Other deposits .... 134,670,000 130,3!. 9,000 Govt, securities .... 05.451.000 01\210.000, Other securities ... 23,247,000 2-.5J9.0U0 Proportion of reserve to liabilities 50,80 t>_.4o SHORT LOANS AND BILLS. Short loans, 2 per cent, arc the same as last week, and three months' bills, A per cent, compare with 17-32 per cent last week. The Bank of Engiaiul discount rate is 2 per cent, to which it was reduced from -= per cent on June 30. .
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Bibliographic details
Auckland Star, Volume LXIV, Issue 116, 19 May 1933, Page 4
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134LONDON MONEY MARKET Auckland Star, Volume LXIV, Issue 116, 19 May 1933, Page 4
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