MONEY MARKET.
BANK OF ENGLAND RETURNS. LONDON,-May 2. The following is the Bank of England’ return: —
ISSUE DEPARTMENT. £ Notes in circulation 541.000,000 Notes in banking department ... 39,200,000 Other Government securities ... 565,100,000 Other securities 3,400,000 Silver coin 500,000 BANKING DEPARTMENT. Rost 3,200,000 Bankers’ deposits 125,400,000 Public deposits 19,800,000 Other accounts ..... 44,900.000 Government securities 139.000,000 Discounts and advances 5,900,000 Notes and coin 40,300,000 Ratio of reserve to liabilities 21.20 per cent. The discount rate is stdi 2 per cent.
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Bibliographic details
Manawatu Standard, Volume LX, Issue 132, 4 May 1940, Page 8
Word Count
77MONEY MARKET. Manawatu Standard, Volume LX, Issue 132, 4 May 1940, Page 8
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