The Archive · 1937

Bank of England Returns

London, Oct. 28.

The statement of the Bank of England for the week ended October 28 shows an increase in public deposits of £2,400,000 to £32,170,000, while other deposits were lower by £1,310,000 to £124,270,000.

Government securities were listed at £100,240,000, showing an increase of £640,000 from the previous week. Other securities totalled £29,020,000, including £8,110,000 on discounts and advances and £20,910,000 on securities.

Notes and coins amounted to £44, 880,000, an increase of £1,170,000 from the previous week's figure of £43,710,000, while total bullion decreased by £40,000.

Notes in circulation totalled £483,- 150,000, or a decrease of £1,200,000 compared with last week's figure.

The proportion of reserve to liability was given as 28.68 per cent, compared with 28.23 per cent last week.—Reuter,

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

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