The money situation in Lombard Street has become firmer owing to the approach of the quarter end, says the weekly financial cable received by the Bank of Japan from London on June 29 and reproduced by the Japan Advertiser." The Bank of England is being drawn on to a large extent and the withdrawal of deposits and general loans are increasing.
The British Government tempora ary loans have been refunded the amount of £18,000,000 since last report and the Bank reserve ratio is up to 15.4 per cent. The revenue of the British Government excess of its expenditures, 'The Bank of England's specie reserve shows an increase of £125,000. Day to day money is quoted at 4} to.5 ver cent. per annum. Weekly call loans are quoted at 53 per cent. per annum. Three months' bills are
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