The Archive · 1938

Bank of England Returns

London, Sept. 29.

The Bank of England statement for the week ended September 29 shows a decrease in public deposits of £6,- 980000 to £11,450,000, while other deposits were lower by £150,000 to £140.130,000.

Government securities were listed at £112,750,000, showing an increase of £15,140,000 over the previous week. Other securities totalled £30,- 140,000, including £7,310,000 on discounts and advances and £ 22,830,000 on securities, Notes and coins amounted to £26,~ 940,000, a decrease of £21,760,000 from the previous week's figure of £48,700,000, while total bullion decreased by £50,000.

Notes in circulation totalled £500,- 920,000, registering an advance of £21,700,000 compared with last week's of reserve to liability was given at 17.77 per cent. compared with 30.68 per cent. last week.—Reuter.

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

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