THE MONEY MARKET.
BANK OF ENGLAND RETURN. LONDON, June 3. Tlie following is the Bank of England return: ISSUE DEPARTMENT. 1 ■ • t Notes in circulation 475,600,000 Other Government securities ... 183.700.000 Notes in banking department ... 45,700,000 Other securities 5,300,000 Silver coin Nil BANKING DEPARTMENT. £ Rest 33,000,000 Public deposits 10,200,000 Bankers’ deposits ..: 109,500,000 Discounts and advances 4,700,000 Government securities 102,000,000 Notes and eo’n 46,500.000 Oilier securities 20,700,000 Other accounts 37,300,000 Ratio of reserve to liabilities 29.63 per cent. The Bank of England discount rate remains unchanged at 2 per cent.
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Bibliographic details
Manawatu Standard, Volume LVII, Issue 158, 5 June 1937, Page 6
Word Count
88THE MONEY MARKET. Manawatu Standard, Volume LVII, Issue 158, 5 June 1937, Page 6
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