MONET AND CREDIT
83
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 : —
Issue Department
Banking Department
Year
il'nM '.Securities
Gold
Capital
Deposits
Note* in
Coin in
Coin ami
and
and Securities
the ■ Re-
the ' Re-
Bullion £1,000
' Rest " £1,000
Post Bills
serve'
serve '
£1,000 \ £1,000
£1,000 £1,000
£1,000 £1,000
1913
50,500 18,450
32,050
17,790
51,510 47,130
21,130 1,050
1916
71.290 18,450
52,840
17,860
178,860 163,650
31,610 1,470
1917
75.5S0 18,450
57,100
17,850
166,270 153,190
29,640 1,210
1918
97,000' 18,450
78,550
- 17,800
172,670 163,240
26,690 550
1919 108,748 18,450
90,298
17,825
199,862 199,246
17,398 1,043
1920 144,934 18,450
i2<;.4>;
- 7,-'J2
189,865 193,892
12.083 1,783
Bank clearings, 1919, 28,415,000,000/. ; 1920, 39,019,000,000/. Post Office Savi7igs Bank.— Statistics for 1918 and 1913.
United
United
—
England and Wales >
Scotland
Ireland
Kingdom ' 1918
Kingdom 1 1913
Accounts open at end
of
Active .
10,671,907
613,604
542,050
11. > 29,631
},1*
Dormant -
3,747,9"4
208,900
211,920
4,168,724
4,017,659
Amount —
£
£
£
£
1
Received
. 73,193,336
.,-■..407
3,034,125
79.4.-.
51,165,624
Interest Credited .
4,652,951
208,718
5,134,034
4.?"
Paid
4^,348,244
2,273.057
2,432,397
53,255,698
50,397,407
Due to Depositors
at
end of year
213,020,763
-
12,030,758
234,633,323
187,248,167
1 Including Islands in the British Seas. II., which hare been dormant five years or more.
- Accounts with balances of less than
The total amount credited to depositors at March 31, 1919, was ap- proximately 257,000,000/., and 1920, 264,000,000/.
The receipts and payments include purchases and sales of Government Stock for depositors, and the interest includes dividends on stock credited to depositors' accounts, but the amount on deposit is exclusive of such stock held for depositors. The latter amounted to 1S5,6S2,S301. at the end of 1918 (against 26,575.9371. in 1913).
Trustee Savings Bank. — The number of depositors in these banks in 1920 was about 2,266,000, and the amounts due to them were : in the General or Government Departments, 75,0S6,000Z. Cash, and 27,245,000/. (face value) Stock ; in the Special Investment Departments, i.e., money invested otherwise than with the National Debt Commissioners, 16,185,000/. Cash, and 44,745/. (face value) Stock ; total Cash, 91,271,000/. ; total face value of Stock, 27,289,745/. In 1913, the number of depositors was 1,912,820 ; the total Cash due to depositors, 68,548,000/., and the face value of Stock, 2,795,000/.
c 2
