THE MONEY MARKET.
• BANK OF ENGLAND RETURNS. LONDON, Aug. 8. The follow'ing is the Bank of England return:
ISSUE DEPARTMENT. Notes in circulation .. 613,600,000 Notes in banking department . .. 16,600,000 Other Government securities . .. 615,200.000 securities .. 3,300,000 Silver coin 500,000
BANKING DEPARTMENT. ■ 3,500,000 Bankets’ deposits 114.100,000 Public deposits 19,200,000 Other accounts 48,600 000 Go\eminent securities 157,300,000 Other securities 22,000,000 Discounts and advances 3,100,000 Notes and coin 17,500,000 Ratio of reserve to liabilities 9.58 per cent. The discount rate is still 2 per cent.
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Bibliographic details
Manawatu Standard, Volume LX, Issue 216, 10 August 1940, Page 4
Word Count
81THE MONEY MARKET. Manawatu Standard, Volume LX, Issue 216, 10 August 1940, Page 4
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