MONEY MARKET.
BANK OF ENGLAND RETURN. LONDON, Jan. 13. Tlie following is the Bank of England return. ISSUE DEPARTMENT. Notes in circulation 482,100,000 Notes in banking department . 64,300,000 Other Government securities .. 208,700,000 Other securities 300,000 Silver coin , Nil BANKING DEPARTMENT. £ Bankers’ deposits 123,400,000 Rest 3.500 000 Public deposits 13,200,000 Discounts and advances 15,800,000 Government securities 90,200,000 Notes and coin '. 64,900,000 Other accounts 36,809,000 Other securities 20,500,000 Ratio of reserve to liabilities 37.45 per cent. The Bank of England discount rate remains unchanged at 2 per cent.
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https://paperspast.natlib.govt.nz/newspapers/MS19380117.2.47.8
Bibliographic details
Manawatu Standard, Volume LVIII, Issue 41, 17 January 1938, Page 5
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86MONEY MARKET. Manawatu Standard, Volume LVIII, Issue 41, 17 January 1938, Page 5
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