APPENDIX W. W.

BANK OF ENGLAND.

Bank of England weekly returns for week ended December 9, 1896.

Statement of resources and liabilities of the Bank of England, December 9, 1896, in the form used by the United States Treasury.

RESOURCES.

Government debt (bonds to secure circulation).

Government securities (Government bonds on hand).
Other securities (stocks, securities, etc.)......

Other securities (loans and discounts, stocks, securities, etc.).

Gold coin and bullion (specie)...

Gold and silver coin (specie)..

Total.

Public deposits (Government deposits).

£14,553, 000 3, 154, 395

£50, 077, 680
24, 207, 455

25,870, 225 6, 598, 832

Other deposits (individual deposits)..

Seven-day and other bills (liabilities other than those above stated).

Total.....

Notes in circulation.

Coin and bullion in issue department.

Proportion of coin and bullion to circulation outstanding.

Proportion of coin and bullion to total notes issed from issue department..

Proportion of coin and bullion to total liabilities.

42, 471, 307

142, 399

92, 790, 158 £25, 870, 225 33, 277, 680 129 per cent

66.48 per cent 35.86 per cent

-(Encyclopedia Brittanica.)

The variations in the rate of discount charged by the bank have been very much more numerous and violent since 1844 (when the bank was reorganized) than they were before, and in 1847, 1857, 1866, etc., it has been judged necessary to authorize the suspension of the act. It is not denied that the mere suspension of the act (of 1844) has more than once operated as a charm to allay fears of panic, etc.

#

[Copied from the Bankers' Magazine, London, England.]

Quarterly average of the weekly amounts of notes in circulation and of the weekly amounts of bullion held by the Bank of England since 1840.

1851.

Dec. 28.
Mar. 22
June 14.

Sept. 6.
Dec. 27.
Mar. 20

June 12.

1852....

Sept. 4..
Dec. 21
Mar. 19

20, 284, 000 20,369, 000 20,994,000 20, 752, 000 21, 367, 000 22,499, 000 23,982,000 24, 295, 000 23,967,000 24, 236, 000 24,561, 000 23, 369,000 22,785,000 22, 518, 000 21, 191, 000 21,003,000 20, 405, 000 20,885,000 21, 379, 000 20, 430, 000 19, 679, 000 20,455,000 21,093, 000 20,728,000 19, 712, 000 20, 004, 000 20, 182, 000 21,070,000 20,544, 000 20,989,000 21, 213, 000 21,435,000

13,875,000
13, 740,000
13,886,000
15, 167, 000
144644, 000
14,789, 000
16, 045, 000
17,010,000
16,796, 000
16,857,000
15,951,000

14,509, 000
13, 669,000
14,097, 000
15,915,000
18, 474,000
20, 102, 000
21, 838,000

78.24

67.10

Quarterly average of the weekly amounts of notes in circulation, etc.-Continued.

Weekly statements of the Bank of England for 1889 of the amount of notes in circulation, the amount of bullion held, and the rate of discount.

Week ended

Bank returns and money market, Bank of England.
ISSUE DEPARTMENT.

Sept. 3, 1890 Notes issued. £38, 097, 565 $185, 401, 800 Government debt...

Other securities
Gold coin and bul-
lion.

TREASURY DEPARTMENT, BUREAU OF THE MINT, February 23, 1897.

R. E. PRESTON, Director of the Mint.

APPENDIX B B (continued from page 441).

Main items in the bank statements for 1896, taken from the report of the Comptroller of the Currency, and for 1856, taken from Executive Document No. 38, part 1, Fifty-second Congress, second session.