BANK OF ENGLAND RETURNS.
) J GOLD HOLDINGS INCREASED. (Received 11 a.m.) ) LONDON, April 28. The Bank of England returns for the week ended April 20 are as follow, comparisons being made with those ot' a fortnight and a year ago, the figures representing millions of pounds:— ISSUE DEPARTMENT. Apl. Apl. Tear 27. 20. ago. £ £ £ Notes issued— In circulation .... 498.3 40."..6 465.8 In bankin-,' dept. . . 37.1 30.8 44.9 Other (Sort, securities 188.l> 188.(! 180.0 Other securities .... 0.4 0.4 3.0 Silver coin — ■ — — Gold coin and bullion 333.4 326.4 313.7 BANKING DEPARTMENT. Rest 3.2 3.2 3.2 Deposits—■ Public H>.9 18.0 2G.2 Hnnkers 113.3 100.5 57.« Other accounts .. 3«i.0 3ti.l 3'J.fi (iovt. securities .... 114.K 117. H 97.7 Discounts, advances . 7.1 9.3 i>.s Other securities 19.4 20.S 22.0 Notes and coin 37.9 31.(i 45.9 •Proportion" 23.02 19.70 29.91 Rate of Discount. The Bank of England rate of discount is 2 per cent, to which it was reduced on June 30, 1932. from 2V2 per cent. The increase in the Bank of England's note circulation is due to the seasonal withdrawal of notes prior to the Easter holidays.
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Auckland Star, Volume LXIX, Issue 99, 29 April 1938, Page 4
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182BANK OF ENGLAND RETURNS. Auckland Star, Volume LXIX, Issue 99, 29 April 1938, Page 4
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