HANKS, EUROPEAN. 



85 



Bank of England, January, 1867 and 1868. 



Ten Fears' Discount of the Bank of England. 

 The fluctuations in the rate of discount at 

 tin- I'.unk of England during the ten years end- 

 ing December, 1867, were as follows : 



s_ January 7, 6 per cent.; January 14, 

 > ; .lannary 28, 4; February 4, 3|; February 

 11, 8 ; and December 9, 2|. 



1859 April 28, 3 per cent. : May 5, 4J ; 

 JtiiK> :5, 3J; June 9, 3 ; and July 14, 2^. 



I860 January 19, 3 per cent. ; January 31, 4 ; 



Mnn-h 29, 4i ; April 12, 5 ; May 10, 4 ; May 24, 



vember 8, 4; November 13, 5; Novem- 



", 6 ; November 29, 5 ; and December 81, 6. 



l^r, 1 January 7, 7 per cent.; February 14, 



rrh 20, 7; April 4, 6; April 12, 5; May 



: August 1, 5 ; August 15, 4 ; August 29 



pteraber I'.t, 3J; and November 7, 8. 



1862 January 9, 2 per cent. ; May 22, 3 ; 



>uly 10, 2i; July 27, 2 ; and October 3, 3. 



1863 January 15, 4 per cent. ; January 28, 

 5 ; February 20, 4 ; April 23, 3| ; April 30, 8 ; 

 May 16, 3; May 21, 4; November 2, 5; No- 

 vember 9, 6 ; December 2, 7 ; December 8, 8 ; 

 and December 24, 7. 



1864 January 20, 8 per cent. ; February 11, 

 7; February 25, 6; April 16, 7; May 2, 8; 

 May 5, 9 ; May 19, 8 ; May 26, 7 ; June 16, 6 ; 

 July 25, 7 ; August 4, 8 ; September 8, 9 ; No- 

 vember 10, 8; November 24, 7; and December 

 15, 6. 



1865 January 10, 5$ per cent. ; January 26, 

 5; March 4, 4J; April 27, 4; May 11, 4; 

 May 25, 4 ; June 8, 3 ; June 20, 3 ; August 5, 

 4; September 28, 4J; October 2, 5; October 

 5, 6 ; October 7, 7 ; November 23, 6 ; and De- 

 cember 28, 7. 



1866 January 6, 8 per cent. ; February 22, 

 7; March 15, 6; May 3, 7; May 8, 8; May 11, 

 9; May 12, 10; August 16, 8; August 23, 7; 

 August 30, 6 ; September 6, 5 ; September 27, 

 4 ; November 8, 4 ; and December 20, 3. 



1867 January 3, 3i per cent.; January 31, 

 3 ; May 30, 2 ; and July 25, 2. 



The Bank of England reported in, November, 

 1867, a net circulation of 24,780,000 coin, and 

 bullion 22,000,000. 



The circulation of the Provincial banks of 

 Great Britain is about 15,300,000, and their 

 coin and bullion about 3,000,000, making to- 

 gether, for Great Britain and Ireland, a paper 

 circulation of 40,000,000, and coin and bul- 

 lion, 25,000,000. 



The Bank of France, in November, 1867, r*- 

 ported a circulation of 1,160,000,000 francs, 

 equivalent to about $225,000,000, or 43,000,- 

 000, with coin and bullion on hand, 945,000,000 

 francs, or about $180,000,000, or 35,000,000. 



Reducing this to a tabular form, it presents 

 the following results : 



Bank of England (net; 



Country Banks 



CIBCULiTTON. 



24,700,000 

 15,800,000 



$115,000,000 

 75,000,000 



40,000,000 $194,000,000 

 Bank of France fs. 1,160,000,000 220,000,000 



Total. 



Bank of England. 

 Country Banks... 



COIX AKD BVLLIOX. 



19,400,000 

 8,000,000 



22.400,000 

 Bankof France fs. 945,000,000 



$414,000,000 



|T4,700,008 



14,500,000 



"$$9,200,000 

 ISO, '.""" 



Total.. $269,200,000 



