THE MONEY MARKET.
BANK OF ENGLAND RETURN
LONDON, Aus 26. Tlio following is the Bank of England return :
cent. The Bank of England discount rate remains unchanged at 2 per cent. BANK AND MARKET RATES.
Discount and short-loan interest rates are unchanged as follow .‘—Day-to-day loans, 3 per cent; fine trade bills, -three months, 2. to 21, per cent; bank bills, three months, 9-16 per cent; Treasury bills, six months, 5-8 per cent; Treasury bills, three months, i per cent. NEW YORK, Aug. 26. . Call money is quoted unchanged at 1 per cent.
ISSUE DEPARTMENT. Notes in circulation 488.300.00C Notes in banking department ... 38,I00,00C Other Government securities ... 188,300.000 Other securities 700,000 Silver coin Nil BANKING DEPARTMENT. 3,600,000 Public deposits 25,400,000 Bankers’ deposits 92,800,000 Discounts and advances 4,300,000 Government securities 108,800,000 Notes and coin 39.600,000 Other accounts 36,000,000 Other securities - 19,600,000 Ratio of reserve to liabilities, 25.67 per
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Bibliographic details
Manawatu Standard, Volume LVII, Issue 231, 30 August 1937, Page 5
Word Count
147THE MONEY MARKET. Manawatu Standard, Volume LVII, Issue 231, 30 August 1937, Page 5
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