BANK OF ENGLAND
NOTE ISSUE STILL RISING iKec. 11.30 a.m.) LOXDON". July 31. The note circulation of the Bank ot England, which was at a record hijrh level weeks ago, is still rising, being A\j.Boo.ooo higher in the week ended yesterday than the previous week. Details of the bunks return are: - - ISSUE DEPARTMENT (In millions ol pounds) July July year Notes issued— 30. 23. ago In circulation 658.4 6d2.6 609.5 in banking dept 21.8 27.6 20.7 Other Govt. securities . 666.5 666.4 614.9 Other securities 2.2 2.3 3.8 BANKING DEPARTMENT Rest 3.4 3.4 3.4 De A°oilr U. 3 14.1 22.7 Bankers' 132.1 124.3 106.3 Other accounts 50.5 49.3 52.3 Government securities .. 158.8 146.9 152.8 Discounts, advances . 6.5 10.3 3.3 Other securities 23.0 19.1 21.5 Notes and coin 23.5 29.3 21.6 Proportion 12.13 15.58 11.90 Rate of Discount The Bank of England rate or discount is 2 pel cent, to which it was reduced from 3 per cent or October 26. 1939.
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Bibliographic details
Auckland Star, Volume LXXII, Issue 180, 1 August 1941, Page 3
Word Count
160BANK OF ENGLAND Auckland Star, Volume LXXII, Issue 180, 1 August 1941, Page 3
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