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BANK OF ENGLAND

(Rec. 11.30 a.m.) LONDON, August 14. The record high note circulation of the Bank of England in the week ended August 13 had risen by £1,200.000 at £668.200,000. The return, with comparisons for last week and a year ago, ate: — ISSUE DEPARTMENT (In millions of pounds) Aug. Aug. Year Notes Issued— 13. 6. ago. In circulation 668.2 667.0 613.9 In banking dept. .. 12.0 13.2 16.3 Other Govt, securities 666.7 666.7 615.6 Other securities 2.0 3.0 2.9 BANKING DEPARTMENT Rest 3.4 3.4 3.S Deposits— Public 37.7 17.9 30.7 Bankers' 96.1 108.8 107.6 Other accounts 49.3 49.4 48.8 Government securities 162.2 156.1 161.7 Discounts, advances .. 6.3 3.6 5.4 Other securities 18.8 19.4 20.8 Notes and coin 13.7 14.9 17.2 Proportion 7.53 8.48 9.23 RATE OF DISCOUNT The Bank of England rate of discount is 2 per cent, to which it was reduced from 3 per cent on October 28. 1939.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/AS19410815.2.28.12

Bibliographic details

Auckland Star, Volume LXXII, Issue 192, 15 August 1941, Page 3

Word Count
151

BANK OF ENGLAND Auckland Star, Volume LXXII, Issue 192, 15 August 1941, Page 3

BANK OF ENGLAND Auckland Star, Volume LXXII, Issue 192, 15 August 1941, Page 3

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