LONDON MONEY MARKET.

Press, Volume LVII, Issue 10763, 17 September 1900, Page 6

LONDON MONEY MARKET.

United Press Association—By Electrio Telegraph—Copyright. (Received September ISth, 8 ».m.) LONDON, September 14. The Bank of England return, issued for the week ending Wednesday, September 12th, is as under:— ISSUE DEPARTMENT. Note ism* £52,697,003 Oov't. debt. £11,015,000 Other securities .. 6,760,000 Gold .. 34.922,000 £52,697,000 - £52.637,000 BANKING DEPARTMENT. Pr*prietW Got. lecuricapital.. £14,553,000 tie* - £14.417,000 Public de- Other eepoeta.. 6,710.000 curitiM 25.012.00t Other de- Note« .. 23,134,000 poata.. 38,835,000 Coia - 1,485,000 Ke«t,7day and other bills .. 3,850,000 £64,048,000 £64,048,000 The leading features of the return, cempared with those of last week and last year, are as follow:— Last Lut Week. Year £ £ £ Bullion .. 34.922,000 34,534,000 33.829,000 Reserve.. .. 24,629,000 23,762,000 24,471,000 Note circulation.. 29,563,000 30,080,000 27,952,000 Deposits .. 45,605,000 46,210,000 46,775,000 Proportion reserve to liabilities ' «. 53.83 50.89 52.13 The market rate of discount for best three months' bills is stationary, at 3$ per cent. The Bank of England rate is 4 per cent., as against 3 per cent, oc Juno 13tb, 3£ per cent, on May 26th, 4 per cent, on January 27th, 44 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;