FLOATING DEBT.

No. 124.-MONTHLY AVERAGES of the WEEKLY AMOUNTS of the FLOATING DEBT outstanding distinguishing (I) ADVANCES from BANK of ENGLAND (II) ADVANCES from GOVERNMENT DEPARTMENTS and (III) TREASURY BILLS, in each of the years 1919 to 1926.

(Compiled from the published Returns.)

121 3 32'0 45'8 189'6 183'0 190'2

8.9

45'0 27.2 206'7 199'7

54'3

174'6

28.8 28'3 180*5 168'8 175'5 1,201 5 1,095 1 1,068 0 1,049 4 1,060 1 1,069 1 1,067 4 1,055 7 1,089.2 1,078 0 1,091 2 1,124 5

41'1

41.2

30 1

167 5

158 4

59'8 49.4 148 2 175'9 189'3 211'3

63.1

August.

September.

BANK RATE.

No. 125.-DATES of CHANGES and prevailing RATE per CENT. of DISCOUNT charged by the BANK of ENGLAND.

CONSOLS.

YEARS.

THREE MONTHS' BANKS BILLS.

No. 127.-MONTHLY AVERAGES of the highest and lowest DAILY RATES of DISCOUNT on THREE MONTHS' BANK BILLS in each of the YEARS 1919 to 1926.

(Compiled from the Bankers' Magazine.)

5.62 5.76 5.79
5'54 5.73 5.71
6.63 6.73 6.42
6.58 6.65 6.31
3.65 3:30 3.31
3.54 3.20 3.23

6.28 6.77

6.76 6.68

3.50 3.53 3.56 3.51 3.50 3.26 3.42 3.65 3.72 4.50 5.64 5.69 3.49 3.48 3.54 3.50 3.50 3.16 3.32 3.56 3.62 4.38 5:47 5.62 6.73 6.77

6.70 6.72 6.78 6.21 6.70 6'64 6.58 6.64 6.69 6.62 6'62 6.64

No. 128.-MONTHLY AVERAGES of the highest and lowest DAILY RATES of INTEREST on DAY to DAY LOANS in LONDON in each of the YEARS 1919 to 1926.

(Compiled from the Bankers' Magazine.)

2.42

5.25 5.77 6'12 5.46 5.17 4'75 4.09 4.43 3.76 3.54 3.85 3.27
4.72 5'15 5.32 4.70 4'41 3.83 3.37 3.74 2.74 2.40 3.02 2.47
3.48 3.08 3.74 2.52 2.04
2.44 1.77 2.84 1.74 1.19

1922 Min: Max: Min:

1.96 2.53 2.19 1.96 2.39 1.69 1.72 1.26 2:07 1'52 1.36 1.53 1.20 1.67 2.29 2.42 2.60 2.58 2.82 1.98 1.20 1'65 1'87 2.15 2.21 2.28 1.40

2.45 2.98 2.59 2.46 2.53 2.10 3:04 3.47 3.23 3.21 3.41 2.86
1.83
2.21 2.68 2:57 2.60 2.62 2.15

2.33 1.99 1.81 1.86 1.47

1925 {Max:

1926 { Max.:

3'54 4:00 4.16 4.55 3.98 3.82 3.78 3.28 3.61 3.63 3.85 2.87 3.37 3.59 3.81 3.51 3.31 3.11 2.81 2.93 3.11 3.16 4'08 4'15 4'30 4.31 4:30 4.42 4'05 3'62 3'65 3'74 3.86 3'87 3'88 3'54

LONDON CLEARING BANKS.

No. 129.-AVERAGE WEEKLY POSITION of LONDON CLEARING BANKS during the undermentioned periods in respect of certain LIABILITIES and ASSETS in each of the YEARS 1921 to 1926. (Compiled from the published Returns.)

NOTE.-At December 31st, 1925, the paid-up Capital of the Banks amounted to £68,746,000, and Reserve to £56,177,000; Bank Premises were valued at £29,981,000, and Investments in Affiliated Banks amounted to £24,748,000.

(a) Excluding Investments in Affiliated Banks.

(b) The figures for this quarter, so far as concerns the National Bank, represent the average position during the eight weeks ended 19th March.