MONEY AND CREDIT

87

Year

1908 1909 1910 1911 1912

Gold Money issued

£ 14,600,000 13,800,000 25,300,000 33,132,828 33,350,249

Silver Money issned

' £ ~

815,751 1,389,599 2,520,591

£

155,580

121,311

151,452

2,381,286140,305

2,455,6401323,235

Bronze Money issned

British Gold Coin

Imported Exported

£ £

6,021,420 14,263,004 6,939,68i;i9,341,269 6,717,334 24,682,858 4,028,905 18,719,829 330,144 1,756^896 4,244,812124,323,539 274,694 722,702

British Silver Coin

Imported i Exported

£ £

311,088! 429,780 193,890 413,415 205,560;i,761,300

There is no State bank, but the Bank of England, the Bank of Scotland, and the Bank of Ireland have royal charters, and the first and the last lend money to the Government. Statistics of the Bank of England for the end of December : —

Issne Department

Banking Depaitment

Year

Capital

Deposits

Notes in

Coin in

Securities

Bnliion

and

and

Secnrities

the 'Re-

the 'Re-

£1,000

£1,000

' Rest '

Post Bills

serve ' £1,000

serve '

£1,000

£1,000

£1,000

£1,000

£1,000

1874

35,784

15,000

20,784

17,646

26,761

34,056

9,642

709

1884

35,562

15,750

19,812

17,669

34,206

40,467

10,525

883

1894

47,065

16,800

30,265

17,720

37,223

31,272

21,389

2,282

1904

46,884

18,450

28,434

17,752

53,495

51,074

18,680

1,493

1908

47,930

18,450

29,480

17,667

50,573

48,883

17,895

1,463

1909

50.286

18,450

31,836

17,692

61,009

56,481

21,428

792

1910

48,999

18,450

30,549

17,741

55,988

52,533

20,388

807

1911

50,182

18,450

31,732

17,727

61,154

57,186

20,989

706

1912

47,740

18,450

29,290

17,790

51,900

49,810

18,470

1,030

Statistics ot the joint-stock June 30 of the years stated : —

banks (including the national banks) on

-

1908 £1,000

1909

1910 £1,000

1911

1912

£1,000

£1,000

£1,000

England and Wales : —

Deposits

712,282

736,964

782,017

796,800

819,139

Cash in hand and at call

223,351

240,125

242,962

247,032

249,553

Notes in circulation

27,309

28,329

30,973

28,330

29,306

Scotland : —

Deposits

108,718

105,815

106,736

106,633

112,209

Notes in circulation

7,411

7,162

7,192

7,126

7,331

Cash and at call .

26,970

25,699

25,749

25,599

30,129

Ireland : —

Deposits

58,306

60,509

62,426

65,418

67,506

Notes in circulation

6,386

6,335

6,969

7,115

7,229

Cash and at call .

12,114

12,298

12,736

14,131

13,679

There were in June, 1912, 44 joint-stock banks making returns in England and Wales, with 5, 433 branches ; 1 in the Isle of Man with 8 branches ; 1 in the Channel Islands ; 9 in Scotland, 1,227 branches ; and 9

in Ireland, 744 branches. There were 38 offices in London of colonial joint-