BANK OF ENGLAND RETURN

Evening Post, Volume CXXXIX, Issue 129, 2 June 1945, Page 9

BANK OF ENGLAND RETURN

NOTE ISSUE INCREASES.

<By Teleoranh—Press Association—Copyright.)

LONDON, May 31. Tho Bank of England return for the week ended May 31, compared with that for tho week ended May 24, is given in millions of pounds, as follows:— May 24. May 31. a £ (millions) (millions' Issue- Department— Notes in circulation 12G6.7 12G9.G Notes in Banking Dept. . 33.5 30 0 Govt. debt io.o -30.0 Govt. securities ».. 1255.2 12S8 2 Other securities ... 0.8 0.8 Fiduciary, issue 1300.ii 1300.0 Gold coin and bullion ... 0.2 0.2 Banking Department— Capital u.r, H. 5 Rest i... 3.2 3.2 Public deposits , y.S 14 8 Bankers' deposits ...... y*. 219.3 2 12.4 Other accounts .10.0 50.7 Govt.. securities .. ..... 237.8 230.5 Advances.and discounts . 10.2 $'.& Other securities ........ M,.i 23.7 Notes and" coin V. .4. „ 34.7 31 8 Proportion, p.c. ....... i. 12.40 11.40 Bank-rate, 2 per cent, since October 26, 1939. Bank-note circulation on May 17 was £1,261,000,000, and for May 31, 1944, was £1,135,000,000, with a fiduciary issuo of I £1,150,000,000.

GOVERNMENT SECURITIES,

(By Telegraph—Press Association—Copyright.)

LONDON, May 31. The market for British Government and Dominion securities is inactive but firm. Prices, compared with those of May 24, are as follows :—

„ . JVlay24. May 31. Consols; 2Va' p.c. -, f ... S3 S3 1-ltt Fluid. Loan, CO-00 1... 113% 113% War Loan, 3% p.c 103 »/ 3 10313-16 Cony. Loan, 61, 3% ... JO.Hi 104% Victory Bonds, 4 p.c, . 113 V& .113 7-10 N.Z., 1949-58 iy s p.c. lO.j'i 105 ft N.Z., 1952-55, 3 p.c. . 100% 101 Quotations at May 17 were:— '&% p.e. War Loan, £103%; 4% p.c. N.Z., ©105 9-10: 3 p.c. N.Z., £101.