Influence of Credit on Prices 



67 



Table G 



The statistics (annual averages) for the Bank of England (1844-1900 'i 

 are found in Palgrave's Bank Rate and the Money Market, 12-15. Loans 

 and advances as here given are the sum of columns BO and 38. The amounts 

 are in millions of pounds sterling. 



Years 



1844. 

 1845. 

 1846. 

 1847. 



1848. 

 1849. 

 1850. 

 1851. 

 1852. 

 1853. 

 1854. 

 1855. 

 1856. 

 1857. 



1858. 

 1859. 

 1860. 

 1861. 

 1862. 

 1863. 

 1864. 

 1865. 

 1866. 



1867. 



1868. 

 1869, 

 1870, 

 1871, 

 1872. 

 1873. 



1874 

 1875 

 1876 



1877 

 1878, 

 1879 

 1880 

 1881 

 1882 

 1883 



Private 

 Deposits 



8.0 



9.6 



13.0** 



8.6* 



9.8 

 10.0 



9.8 



9.3 

 12.8 

 13.4** 

 11.0 

 11.7 

 11.1 

 10.6* 



14.1 

 14.3 

 13.5 

 12.5 

 14.6 

 13.9 

 13.1 

 14 

 16.7 



18.7 

 20 . 1 ** 



18 !o* 



18.1 

 21.3** 

 19.9 

 19.0 



18.8* 



21.1 



23.4 



22.5 



23.2 



30.6** 



26.1 



25.2 



2'3.6* 



23.6 



Note_ 

 Circulation 



Total 



Circulation 



and 



Deposits 



20.2 

 20.6** 

 20.2 

 19.1 



18.0* 



18.4 



19.4 



19.4 



21.9 



22 . 6** 



20.6 



19.8 



19.6 



19.4* 



20.2 

 21.3 

 21.2 

 19.9 

 20.8 

 20.6 

 20.6 

 21.1 

 23.1 



23.4 



23.9** 



23.4 



23.3* 



24.4 



25.5 



25.6 



26.2 



27.3 



27.7 



27.8 



28.0 



29.2** 



26.9 



26 3 



25 . 9 



25.5 



28.2 

 30.2 

 33.2** 



27.7* 



27.8 



28.4 



29.2 



28.7 



34.7 



36.0** 



31.6 



31.5 



31.7 



30.0* 



34.3 

 35.6 

 34.7 

 32.4 

 35.4 

 34.5 

 33.7 

 35.1 

 39.8 



42.1 



44.0** 



41.4* 



41.4 



45.7** 



45.4 



44.6* 



45.0 



48.4 



51.1 



50.3 



51.2 



59.8** 



53.0 



51.5 



49.5 



49.1 



Loans 



and 



Advances 



4.0 



6.4 

 10.8 

 11.4** 



5.7 

 3.5* 

 4.5 

 4.6 

 3.6 

 7.0 

 6.7 

 6.6 

 8.5 

 11.3** 



5.2* 



6.5 



9.4 



7.5 



7.7 



9.6 

 10.5 

 11.0 

 13.1** 



7.6 



6.8* 



7.6 

 10.1 



9.2 

 10.8** 

 10.6 



Other 

 Securities 



9.4 

 12.2 

 16.6 



17.2** 



11.9 



10.2* 



11.0 



12.6 



11.3 



15.0 



14.7 



15.3 



17.0 



20.3** 



16.3* 



18.1 



20.5 



18.7 



18.9 



20.1 



20.2 



20.5 



22.9** 



18.2 



17.6 



16.8* 



18.6 



18.8 



21.4 



21 6** 



18.4- 



19.1 



17.5* 



18.8 



20.4 



20.8 



19.1 



22.1 



22.9** 



22.1 



107 



