BANK OF ENGLAND.
NOTE CIRCULATIO N FALLS. PUBLIC DEPOSITS DROP. (Received 11 am.) LONDON, July Zo. The Bank of England return for the week ended July 24 is given in the following table, together with the returns lot last week and a year ago: — ISSUE DKI'ARTMKXT. (In millions of pounds.) July July Year Notes issued— 24. 17. ago. In circulation ... Cl)7.fi 605.0 slii.n In banking dept. . 22.» i 21..'1 35.5 Other Govt, securities Gl4.fi 614.: i 288..'{ Other securities . . . 3.7 AM O.n Silver coin 0.5 0.5 0.7 Gold, coin and bullion 0.2 0.2 220.4 BANKING DEPARTMENT. {V' st .' 3.4 3.4 3.5 Deposits— Public 30.3 56.0 26.0 Bankers' 103.!) 7!.».2 01.4 Other accounts .... 510 51" 'i 6 7 Govt, securities .. . 154.1 155'.ii lim 5 Discounts, advances 3.2 3 0 so Other securities ... 22.2 23 0 "15 Notes and coin l>;sc ~:.\24 3«1 Proportion 1204 23.44 Rate of Discount. The Bank of England rate of discount is nfT ee oa'f to w "as reduced on October 26 from 3 per cent.
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Bibliographic details
Auckland Star, Volume LXXI, Issue 176, 26 July 1940, Page 4
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169BANK OF ENGLAND. Auckland Star, Volume LXXI, Issue 176, 26 July 1940, Page 4
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