BANK OF ENGLAND.
BANKERS' DEPOSITS HIGHER. NOTE CIRCULATION UP AGAIN. (Received 11 a.m.) LONDON, July 4. The Bank of England return for the week ended July 4 ie given in the fallowing table, together with the returns for last week and a year ago:— ISSUE DEPARTMENT. (In million* of pounds.) July Juue Year Xntes Issued— 3. 2(5. ago In circulation .. . 608.1 002.1 503.7 In banking dept. . 22.1 28.1 20 7 Othef Oovt. securities 615.7 613.2 288.2 Other securities .. . 2.8 3.3 0.1 Silver coin 0.5 0.5 0.7 Gold, cola and bullion 0.2 0.2 226.4 BANKING DEPARTMENT. Rest 3.4 3.3 3.4 Depoeita — Public 16.6 58.0 10.3 Bankers* 140.1 82.8 96.5 Other accounts 48.8 50.3 37.6 Govt. securities ... 171.2 151.1 118.7 Discounts, advances 5.4 4.7 8.8 Other securities ... 23.2 23.5 22.4 Notes and coin .... 2.3*5 2.!M> 21.4 Proportion 11.47 15.48 13.03 Rats of Discount. The Bank of England r;ite of discount is 2 per cent, to which it wiie reduced on October 26 from 3 per cent.
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Bibliographic details
Auckland Star, Volume LXXI, Issue 158, 5 July 1940, Page 4
Word Count
164BANK OF ENGLAND. Auckland Star, Volume LXXI, Issue 158, 5 July 1940, Page 4
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