BANK OF ENGLAND RETURNS
RESERVE INCREASED. LONDON, April 21. The Bank of England return for ‘ the week ended April 20, is as follows: Issue Department Notes Issued— £ In circulation 495,600,000 In banking dept 30,800,000 £526,400,000 ■ Government debt 11,000,000 Other Govt, securities 188,600,000 *200,000,006 1 Gold coin and bullion . 326,400,000 ! £526,400,000 i ' * Amount of fiduciary issue. Banking Department £ Capital 14,500,000 Rest 3,200,000 Deposits— Public - 18,000,000 Bankers 106,500,000 Other accounts 36,100,000 £178,300,000 Government securities ... 117,600,000 Discounts, advances 8,300,000 Other securities 20,800,000 Notes and coin 31,600,000 £178,300,006 Proportion of reserve to liabilities, 19.70 per cent., compared with 23.17 per cent, last week. The Bank of England rate of discount is 2 per cent, to which it was reduced from 2£ per cent, on June 30. 1932.
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Wanganui Chronicle, Volume 80, Issue 96, 26 April 1938, Page 11
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123BANK OF ENGLAND RETURNS Wanganui Chronicle, Volume 80, Issue 96, 26 April 1938, Page 11
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