THE MONEY MARKET.
BANK OF ENGLAND RETURNS. LONDON, April 18. The following is the Bank of England return:ISSUE DEPARTMENT. . £ Notes irt circulation 537,400,000 Notes in banking department .. 42.800.000 Other Government securities ... 565.500,000 Other securities 3,000,000 Silver coin 500,000 BANKING DEPARTMENT. Rest 3,100,000 Bankers’ deposits 115,000.000 Public deposits £8,700,000 Other accounts 39,700,000 Discounts and advances 4,900,000 Government securities 129,400,000 Notes and coin 43,700,000 Ration of reserve to liabilities 23.82 per cent The discount rate is still 2 per cent.
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Bibliographic details
Manawatu Standard, Volume LX, Issue 121, 20 April 1940, Page 8
Word Count
78THE MONEY MARKET. Manawatu Standard, Volume LX, Issue 121, 20 April 1940, Page 8
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