BANK OF ENGLAND RETURNS
RESERVE INCREASED.' LONDON, April 28. The Bank of England return for the week ended April 27, is as follows: Issue Department Notes Issued— £
i Proportion of reserve to liabilities, 23.62 per cent., compared with 19.70 per cent, last week. The Bank of England rate of discount is 2 per cent, to which it was reduced from per cent, on June 30, 1932.
In circulation In banking dept .... 489,300,000 .... 37,100,000 £526,400,000 ... 11,000,001' Other Govt, securities .... Other securities - ... 188,600,000 400,000 Gold coin and bullion . *200,000,000 .. 326,400,000 £526,400,000 'Amount of fiduciary issue. Banking Department Capital — £ 14,500,0011 3,200,000 Deposits— Public •• Bankers - .... 10,900,001 . 113,300,000 36,500,00‘J £178,400,000 Government securities Discounts, advances Other securities .... 114,000,000 7,100,000 .... 19,400,000 Notes and coin .... 37,900,000 £178,400,000
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Wanganui Chronicle, Volume 80, Issue 101, 2 May 1938, Page 11
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119BANK OF ENGLAND RETURNS Wanganui Chronicle, Volume 80, Issue 101, 2 May 1938, Page 11
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