THE MONEY MARKET.
(Rec. 12.5 p.m.) LONDON, Sept. 12. Iho following is the Bank of England return : ISSUE DEPARTMENT. £ Notes in circulation 608,600.000 Notes in banking department . 21,600.000 Other Government securities . 616,000,000 Other securities 2,700,000 Silver coin 300,000 BAN KIN G DEPARTM EN T. Rest 3,500.000 Bankers’ deposits 107,700,000 Public deposits 13,200,000 Other accounts 50,100,000 Government securities 139,500,000 Other securities 23 000,000 Discounts and advances 4,100,000 Notes and coin £2,400,000 Ration of reserve to liabilities. 13.12 per cent. the discount rate is still 2 per cent.
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Manawatu Standard, Volume LX, Issue 245, 13 September 1940, Page 7
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86THE MONEY MARKET. Manawatu Standard, Volume LX, Issue 245, 13 September 1940, Page 7
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