This page has been proofread, but needs to be validated.
318
APPENDIX I
Reserve of Cash.. £
Banking Reserve in Bank of England 13,500,000

Making proportion of cash reserve to liabilities to the public about 11·2 per cent.

(2) Bank of France (February, 1873).

Liabilities. £
Circulation 110,000,000
Deposits 15,000,000
Total liabilities 125,000,000
Reserve of Cash.. £
Coin and bullion in hand 32,000,000

Making proportion of cash reserve to liabilities to the public about 25 per cent.

(3) Bank of Germany (January, 1873).

Liabilities. £
Circulation 63,000,000
Deposits 8,000,000
Acceptances and indorsements 17,000,000
Total liabilities 88,000,000
Reserve of Cash.. £
Cash in hand 41,000,000

Making proportion of cash reserve to liabilities to the public about 47 per cent.

(4) Bank of United States (October 3, 1872).

Liabilities. £
Circulation 67,000,000
Deposits 145,000,000
Total liabilities 212,000,000
Reserve of Cash.. £
Coin and legal tenders in hand 26,000,000

Making proportion of cash reserve to liabilities to the public about 12·3 per cent.