THE MONEY MARKET.
BANK OF ENGLAND RETURNS. LONDON, Oct. 3. The following ia the Bank of England return: ISSUE DEPARTMENT. ■ £ Notes in circulation 605.200.000 Notes in banking department 25,000,000 Other Government securities , 616,100 000 Other securities 2,900,000 Silver coin Nil BANKING DEPARTMENT. Rest 3,600,000 Bankers’ deposits 101,300,000 Public deposits 21,300,000 Other accounts ......: 53,300,000 Government securities 142,500,000 Other securities 23,000,000 Discounts and advances 2,800,000 Notes and coin 25,700,000 Ratio of reserve to liabilities 14.57 cent. ' The discount rate is still 2 per cent.
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Manawatu Standard, Volume LX, Issue 264, 5 October 1940, Page 10
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82THE MONEY MARKET. Manawatu Standard, Volume LX, Issue 264, 5 October 1940, Page 10
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