LONDON MONEY MARKET.

Press, Volume LVII, Issue 10739, 20 August 1900, Page 6

LONDON MONEY MARKET.

United Press Asaociaiion—By Electric Telegraph—Copyright. (Received August 18th, 8.-0 _-__.) LONDON, August 17. The Bank of England return, issued for the week ending Wednesday, August 15th, is as under: —

ISSCB DEPARTMENT. Not* Issue £45.95_.00. Gov't, debt. £11,015,00. tie. . 5,723,000 Gold .. 29.213,000 £4-,9__,Qo. "£45.953,000 BANKING DEPARTMENT. Pr'p.iet'rs* Got. «ecuri- „_ cajnUl.. £14,553,000 ties - £20,038,000 Public de- Other seposiu.. 8,121,000 carintt OUiwr de- Notes .. po_its.. 42,067,000 Coin - 2,681,000 K*_t,7--_,y and other bills .. 3,684,000 £68,tt5,000 £63,435,000 The leading features of the return, compared with thoie of last week and last year, are as follow:— List Last Wrtk. Year £ £ £ Bullion.. .. 29,213,000 -8.360.000 32.2*5.000 Raser-e.. .. -1.,382 000 17,621,00- 22,-73,000 Note circulation.. 30,25-. 000 30,683,000 2f.*72*.<»0 Deposits .. 50,183,000 48,676,000 47,920,000 Proportion reserve .. _, to liabilities .. 35.49 36.10 46.34

The market rate of discount for beat three months' bills is £ per cent, lower, at 3| per ccn 1 ;. The Bank of England rate is 4percent., a. against 3 percent, on June 13th, 3_ per cent, on May 26th, 4 per cent, on January 27th, 4£ per cent, on January 18th, 6 per cent, on November 29th, 5 per cent, on October 4th, 4_ per cent, on October 3rd, 3£ per cent, on July 15th, 3 per cent, on 12th July.