5. Proprietors Capital
8. Other Deposits
11. Other Securities
1 Pratt declares that "The Bank of England discount rate sounds the key-note of the international monetary situation."
No. 3. Through the retirement of the banks issuing notes at the time of the Bank Act of 1844, the Bank of England has been able, under the provisions of the Act, to issue new notes against securities to the amount of £4,450,000, which brings its total issue up to £18,450,000.
No. 4. In the statement above there is shown an issue of £48,612,645 in notes. If we deduct from this issue the £18,450,000, notes authorized to be issued against the government debt and other securities, we find the amount of notes uncovered - unsecured - to be £30,162,645, which is exactly the amount of gold coin and bullion on hand in the Issue Department.
No. 7. Deposits made by the Government.
No. 9. Bills of exchange, etc.
No. 10. Government Securities needs no explanation.
No. 11. Same may be said of this.
No. 12. Bank notes.