BANK OF ENGLAND RETURN

Evening Post, Volume CVIII, Issue 102, 26 October 1929, Page 12

BANK OF ENGLAND RETURN

Australian Press Association.

LONDON", 24th October. The Bank of England return for the week ended 23rd October is as follows:—----ISSUE DEPARTMENT. £ Notes issued— In circulation 357,386,153 In banking department 34,438,677 £391,825,440 Government debt 11,015,100 Other Government securities . 235,301,289 Other securities ...... .> 8,790,730 Silver coin 4,532,581 * £260,000,000 Gold coin and bullion. ... 131,825,440 ' ' ? ' £391,825,440 of fiduciary issue. BANKING DEPARTMENT.' Capital ..' -.' 14,553,6*0 Rest .-. - : 3,144,433 *Public deposit- ... 15,788,487 Other deposits— Bankers ...... 59,111,334 Other accounts 37,136,056 Seven-day and other bills 2,833 ; £129,730,743 'Including Exchequer, Savings Banks, Commissioners of National Debt, and dividend accounts. Government securities' 69,461,855 Other securities—"" Discounts and advances 4,199,521 Securities ...'.:.... 20,440 776 £° tes • -: 34,438!687 (_old and silver coin 1,195,604 £129,736,743 Proportion of reserve to liabilities, 31.80 per cent, compared with 28.05 per cent last week, 24.96 per cent, on 9th October, and 47.40 per cent, on 24th October, 1928 The Bank of England rate of discount o_ I. _per cent *' to which-it was raised on J6th September from 5% per cent. Short loanß are quoted at 5% per cent, unchanged on last week. The market rate for best three months' bills is 6 1-32 per cent., as against 6 5-3° per cent, last week. . .