The Archive · 1938

Bank of England Returns

London, Feb. 10.

The statement of the Bank of England for the week ended February 10 showed an increase in public deposits of £4,680,000 to £16,080,000, while other deposits were lower by £9510000 to £138,-

460,000.

Government securities were listed at £93,270,000, showing a decrease of £4,810,000 from the previous week. Other securities totalled £28,520,000, including £9,560,000 on discounts and advances and £18,960,000 on securities.

Notes and coins amounted to £50,920000, representing an increase of £630,000 from the previous week's figure of £50,290,000, whilst total bullion reammed statiónery at 326,990,000.

Notes in circulation totalled £476,-

070,000, registering a loss of £620,000 compared with last week.

The proportion of reserve to liability was given as 32.94 per cent., compared with 31.55 per cent, last week.—Reuter.

Text read from the printed page and cleaned; old type leaves the occasional error.

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