FINANCIAL MARKET
BANK OF ENGLAND RETURN FOR THE WEEK DISCOUNT RATE REDUCED United P.A.—By Telegraph—Copyright Reed. 10.20 a.m. LONDON, Thursday. The Bank of England return for the week ended today is as follows: Issue Department Xotes issued: In circulation £365,155.05S ! In banking department . . 31,548,559 Total £397,006,947 i Government debt 11,015,100 Other Government securities 233,218,917 Other securities 10,942,367 Silver coin 4,823,616 Amount of fiduciary issue. 260,000,000 Gold, coin and bullion .. 137,006,947 Total .. £397,006,947 Banking Department Proprietors’ capital ~ .. 14.553,000 Rest 3,351,506 Public deposits 5,859,520 Other deposits, bankers .. 55,072,562 Other accounts. 36,399,055 Seven-day and other bills 2,261 Total £121,237.904 Government securities .. .. 60,663,618 Other securities, discounts advances 5.527.605 Securities 19,470,351 Xotes 31,848,859 Gold and silver coin . . . . 427,471 Total £121,237,904 The Bank of England rate of discount is 5 per cent., to which it was reduced from per cent, today. Short loans are quoted at per cent., same as last week, and three months’ bills are quoted at 4§ per cent., compared with 4 23-32 per cent., last week. The proportion of reserves to liabilities is 31.20 per cent., compared with 31.80 last week.
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https://paperspast.natlib.govt.nz/newspapers/SUNAK19291213.2.103
Bibliographic details
Sun (Auckland), Volume III, Issue 845, 13 December 1929, Page 10
Word Count
179FINANCIAL MARKET Sun (Auckland), Volume III, Issue 845, 13 December 1929, Page 10
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