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BANK OF ENGLAND.

BANKERS' DEPOSITS RISE. (Reed. 1 p.m.) LONDON, Aug. 22. The Bank of England return for the week ended August 21 is given in the following table, together with the returns for last week and a year ago:— ISSUE) DEPARTMENT. (In millions or pounds.) Year „ . , Aug. 21. Aug. 14. ago. Notes issued— In circulation .... 609.6 613.9 508.1 In banking dept. . . 20.6 1β.3 38.3 Other GOTt. securities 613.7 615.G 284.2 Other securities .... 2.8 2.9 4.1 Silver coin 0.5 0.5 0.7 Gold, coin, bullion .. 0.2 0.2 226.4 BANKING DEPARTMENT. Rest 3.5 3.5 3.6 Deposits—Public 14.5 30.7 22.4 Bankers 123.4 107.6 92.1 Other accounts 48.7 48.8 36.2 (Jovt. .securities 151.8 161.7 99.7 Discounts, adTances . 8.9 5.4 5.7 Other securities .... 22.4 20.8 24.3 Notes and coin 21.5 17.2 39.1 Proportion 11.56 9.23 26.0 Rate of Discount. The Bank of England rate of discount is 2 per cent, to which it wae reduced on October 26 from 3 per cent.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/AS19400823.2.42.12

Bibliographic details

Auckland Star, Volume LXXI, Issue 200, 23 August 1940, Page 4

Word Count
157

BANK OF ENGLAND. Auckland Star, Volume LXXI, Issue 200, 23 August 1940, Page 4

BANK OF ENGLAND. Auckland Star, Volume LXXI, Issue 200, 23 August 1940, Page 4

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