London, Mar. 3.
The statement of the Bank of England for the week ended March 2 shows a decrease in public deposits of £5,300,000 to £11,430,000 while; other deposits were higher by £10,590,000 to £151,730,000.
Government securities were listed at £104,450,000, showing an advance of £7,020,000 over the previous week. Other securities totalled £28,120,000, including £7,080,000 on discounts and advances and £21,040,000 on securities, Notes and coins amounted to £48,830,000, showing a recession of £3,830000 from the previous week's figure of £52,660,000. Total bullion showed only a decrease of £10,000.
Notes in circulation totalled £478, 340,000, registering a gain of £3,820,- 000 compared with last week.
The proportion of reserve to liability was given as 29.92 per cent as against 33.35 per cent last week.—Reuter.
Text read from the printed page and cleaned; old type leaves the occasional error.