BANK OF ENGLAND

Waikato Times, Volume 117, Issue 19596, 7 June 1935, Page 5

BANK OF ENGLAND

THE LATEST RETURNS. United Press Assn.—Elec. Tel. Copyright (Received June 7, 10.20 a.m.) LONDON, June G. The latest Bunk of England returns are : Issue Department.—Notes in circulation, £395,890,877, in the banking department, £56,773,057, total £452,663,934; Government debt £11,015,100, other Government securities £240,921,349, oilier securities £272,607, silver coin £1,790,884 (these four items constituting a fiduciary issue of £200,000,000), gold coin and bullion £192,063,934, total £452,603,934. Bunking Department. —Proprietors’ capital £14,553,000, rest £3,280,024, public deposits £7,011,990, other deposits, hankers £101,501,704, Other accounts £36,109,643, seven-day and other hills nil, total £163,140,307 ; Government securities £88,967,04a, other securities, discount advances £5,380,405, securities £11,220,205, notes £50,773,057, gold and silver coin £790,056, total £103,140,307. proportion of reserve to liabilities. 39.30 per cent) short loans, threequarters per cent; three months hills, 19-32nds. per cent. Cause of Movements. The increase in note circulation and the decrease in reserve are due to cash 'demands for the Whitsuntide holidays.