THE MONEY MARKET.
BANK OF ENGLAND RETURN. LONDON, Feb. 24. The following is the Bank of England return:— ISSUE DEPARTMENT. £ - Notes in circulation ; 474,500,000 Notes in banking department . 51,000.000 Other" Government securities ... 188,300,000 Other securities 700,000 Silver coin Nil BANKING DEPARTMENT. Bankers’ deposits 105.600.000 Rest 3,700.000 Public deposits 15,800,000 Discounts and advances 6.500,000 Government securities 97,400.000 Notes and coin 53,000,000 Other accounts 35,600,000 Other securities 19,500,000 Ratio of reserve to liabilities 33.35 per cent. The Bank of England discount rate remains unchanged at 2 per cent.
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Bibliographic details
Manawatu Standard, Volume LVIII, Issue 76, 26 February 1938, Page 2
Word Count
86THE MONEY MARKET. Manawatu Standard, Volume LVIII, Issue 76, 26 February 1938, Page 2
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