BANK OF ENGLAND RETURN

Evening Post, Volume CVIII, Issue 150, 21 December 1929, Page 12

BANK OF ENGLAND RETURN

LONDON, 19tli December. The Bank of England return for the week ended 18th December is as follows:— Issue Department. Notes Issued:— ■ '' ' £ In circulation ...' 371,698,128 In Banking Department .... 28,806,717 ■.;■.- ■ £400,504,845 Government debt 11,015,100 Other Government securities 233,233,429 Other securities 10,929,370 Silver coin .'... . 4,822,101 •260,000,000 Gold coin and bullion 140,504,845 ■ ■' £400,504,845 •Amount of fiduciary issue. Banking Department. £ Capital 14,553,000 Rest 3,378,182 Deposits: Public 9,859,355 Bankers 62,065,360 Other .accounts 35,517,307 Seven-day, etc., bills 1,876 - £125,375,080 Government securities .. • 65,143,618 Discounts and advances 10,629,732 Other securities 20,565,519 Notes 28,806,717 Gold and silver coin 229,494 £125,375,080 Proportion of reserve to liabilities, 27.00 per cent. SHORT LOANS AND BILLS. The Bank of England rate of discount is now 5 per cent., to which it was lowered on 12th December from 5% per cent. Short loans are quoted at 4 per cent., as against 4% per cent, last week. The market rate of discount for best three months' bills is 4 13-16 per cent., compared with 4 23-32 per cent, last week. CALL MONEY IN NEW YORK. , NEW YORK, 19th December. Call money remained at 4% per cent, all day.-