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MONEY MARKET.

BANK OF ENGLAND RETURNS.

COIN HOLDING STEADY. SHORT LOANS UNCHANGED. LONDON, December 7. The Bank oC England returns for the week ended December 7, as compared with those for the week ended November 30, are as follow :—■ Dec. 7. Nov. 30. £ £ Note circulation .... "71,881.000 370,201,000 Coin 183,418,000 193,439,000 Notes in reserve .... 70,737.000 80,43(3,000 Govt, deposits- <3.8913,000 13,837,000 Other deposits 152,257,000 141,403.000 Govt, securities .... 78,017.000 70,941,000 Other securities .... 22,153,000 22,32(3,000 Proportion of reserve to liabilities 45.30 01.00 SHORT LOANS AND BILLS. Short loans, 5 per cent, and three months' bills, 1 3-32 per cent, are the same as last week. The Bank of England discount rate is 2 per cent, to which it was reduced from 2J per cent oil June 30, 1932.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/AS19331208.2.40.6

Bibliographic details

Auckland Star, Volume LXIV, Issue 290, 8 December 1933, Page 4

Word Count
124

MONEY MARKET. Auckland Star, Volume LXIV, Issue 290, 8 December 1933, Page 4

MONEY MARKET. Auckland Star, Volume LXIV, Issue 290, 8 December 1933, Page 4