BANK OF ENGLAND RETURNS.
NOTE ISSUE FALLS SLIGHTLY. (Received 11.30 a.m.) LONDON, February 22. Bank of England return for the week ended February 21 is given in the following table, together with the returns for last week and a year ago: — ISSUE DEPARTMENT, (la millions of pounds.) Feb. 21 Feb. 14 Year ago Notes issued— In circulation . . 529.9 531.6 472.7 Id Banking Dept. 50.3 48.fi .">3.7 Other Gov. secur. 563.4 563.8 385.5 Other securities .. 5.1 4.7 Silver coin 0.5 0.5 0.5 Gold. coin and bullion 0.2 0.2 126.4 BANKING DEPARTMENT. i R*«t 3.6 3.5 3.7 ! Deposits— Public 48.6 39.2 16 4 Bankers' 97.2 105.6 103.1 Other accounts . . 40.3 40.5 35.1 Govt, securities . . 122.8 126.1 78^9 Discounts, advances 4.6 4.7 17^5 Other securities . . 25.6 23.1 21.7 Notes and coin .... 51.2 49 4 54 7 Proportion 27.60 26.65 35^37 Rate of Discount. . The Bank of England rate of discount is 2 per cent, to which it was reduced on October 26 from 3 per cent.
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Auckland Star, Volume LXXI, Issue 46, 23 February 1940, Page 4
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163BANK OF ENGLAND RETURNS. Auckland Star, Volume LXXI, Issue 46, 23 February 1940, Page 4
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