THE MONEY MARKET.
BANK OF ENGLAND RETURN. LONDON, March 3. The following is the Bank of England return : ISSUE DEPARTMENT. £
cent. The Bank of England discount rale remains unchanged at 2 per cent.
Notes in circulation 478,300.000 Notes in banking department - 48,100,000 Other Government securities ... 188,600,000 Other securities 400,000 Silver coin Nil BANKING DEPARTMENT. Bankers’ deposits 115,700.000 Rest 3,700,000 Public deposits 11,400,0*0 Discounts and advances 7,000,0j0 Government securities 104,403,0*0 Notes and coin 48,SCO,000 Other accounts Other securities 21,000,033 Ratio of reserve to .liabilities 29.92 per
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Bibliographic details
Manawatu Standard, Volume LVIII, Issue 82, 5 March 1938, Page 6
Word Count
85THE MONEY MARKET. Manawatu Standard, Volume LVIII, Issue 82, 5 March 1938, Page 6
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