FINANCIAL MARKET
BANK OF ENGLAND RETURN FOR THE WEEK DISCOUNT RATE REDUCED United P.A. —By Telegraph—Copyright LONDON, Thursday. The Bank of England return for the week ended today is as follows: Issue Department Notes issued:— In circulation £371,698,125 In banking department . . 28,806,717 Total £400,504,545 Government debt 11,015,100 Other Government securities 233,233,429 Other securities 10,929,370 Silver coin 4,822,101 Amount of fiduciary issue 260,000,000 Gold, coin and bullion . . 140,504,845 Total £400,504,845 Banking Department Proprietors’ capital 14,553,000 Rest 3,378,182 Public deposits 9,889,355 Other deposits, bankers . . 62,065,360 Other accounts 35,517,307 Seven-day and other bills 1,876 Total £125,375,080 Government securities . . . . 75,143,61 S Other securities, discounts, advances 10,629,732 Securities 20,565,519 Notes 28,806,717 Gold and silver coin .. .. 229,494 Total £125,375,050 The. Bank of England rate of discount is 5 per cent., to which is was reduced from per cent last Thursday. Short loans are quoted at 4 per cent., compared with 4i per cent, last week, and three months’ bills are quoted at 4 13-16 per cent., compared with 42 per cent., last week. The proportion of reserves to liabilities is 27 per cent., compared with 31.20 last week.
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https://paperspast.natlib.govt.nz/newspapers/SUNAK19291221.2.116.5
Bibliographic details
Sun (Auckland), Volume III, Issue 852, 21 December 1929, Page 12
Word Count
182FINANCIAL MARKET Sun (Auckland), Volume III, Issue 852, 21 December 1929, Page 12
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