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COMMERCIAL.

LONDON MONEY MARKET. United Press AiiC-latioa—-By El_____o TeJ<Nrrap---C»p_T-gbt. (Eeeeived Jattuaty 1-th, 1.25 a.in.) LONDON, January 11. The Bank of England return, issued for the week ending Wednesday, January 9th, is as under :— I-aOlt DEPABTMENT. Not* tfSUi _.*5,767,0 M Ocv't dtb_. £ll,«5,0OO Other securities .. 6,760,000 Gold .. 27,992,000 £45,767,000 £_,767,000 BACKING DJ-PARTMEST. Pr't-'efrV Gov. .esuri- «•»»>___,.. _14,55_,009 tie. __20.673.000 Public de- Othtr tlposits.. 6,958,000 curi.i«» 32,235,001' Othtr de- Notes .. 1b.2i2.0Q0 posits.. 45,65.,000 Coin .. 1.6_"-.000 Beet, 7 day -ndother Wlh .. 3,652,000 __70,797,0C0 £70.797,003 The leading features of the return, compared with those of last wtek and list year, are as follows:— Last Last Week. Tear & £ S Bullion.. .. 27,392,000 _:7,078.000 _1,9_3.©0t Re_.r.t.. .. 17,884,000 16,'_.12,_e0 21,332,000 Note circulation.. 29.505.000 30,231,000 28,._6.000 Depolit- ~ 52,592,000 54,700,000 55,157,000 Proportion recerv* WliabUitie. .. 33.91 .9.56 35.47 The market rate of disoeunt fer best three months' bills is -Jt lower, at *.& per -en*;. The Bank of England rate ia 5 per cent., a* against 3 per cent, or Junel3th, 3_ per cen'. on May 26fcb, 4 per oent. on January 27th, 4£ per cent, on January 18th, 6 per cent, on November 29th, 5 per cent, on Ootober 4th, 4_ per cent, on October 3rd, Zi per cent, on July 15th, 3 per cent, on 12th July, 4 per cent, on 19tb July.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/CHP19010112.2.61

Bibliographic details

Press, Volume LVIII, Issue 10863, 12 January 1901, Page 9

Word Count
212

COMMERCIAL. Press, Volume LVIII, Issue 10863, 12 January 1901, Page 9

COMMERCIAL. Press, Volume LVIII, Issue 10863, 12 January 1901, Page 9

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