Mr. DUNDAS WHITEasked the Secretary to the Treasury what was the monthly average amount of banknotes of bankers in England and Wales, other than the Bank of England, as ascertained under Sections 19, 20, and 21 of the Bank Charter Act. 1844, in circulation during the first complete period of four weeks of the years 1851, 1861, 1871, 1881, 1891, 1901, 1911, and 1914 respectively?
§ Mr. MONTAGUThe average amounts were:—
1330W
Year. Number. 1851 … … … 6,163,036 1861 … … … 6,293,406 1871 … … … 5,064,654 1881 … … … 3,365,117 1891 … … … 2,246,385 1901 … … … 1,125,910 1911 … … … 184,126 1914 … … … 116,641
Mr. DUNDAS WHITEasked the Secretary to the Treasury what was the monthly average amount of banknotes of bankers in Scotland, as ascertained under Sections 7 to 10 of the Bank Notes (Scotland) Act, 1845, in circulation during the first complete period of the four weeks of the years 1851, 1861, 1871, 1881, 1891, 1901, 1911, and 1914, respectively, distinguishing notes below five pounds from notes of and above that amount?
§ Mr. MONTAGUThe average amounts were:—
Year. £5 and Upwards Under £5. Total. 1851 .. 1,046,587 2,091,637 3,138,224 1861 .. 1,551,389 2,543,373 4,094,762 1871 .. 2,008,954 2,993,276 5,002,230 1881 .. 1,700,100 3,446,965 5,147,065 1891 .. 1,771,576 4,212,723 5,984,299 1901 .. 2,176,846 5,252,755 7,429,601 1911 .. 2,019,875 4,562,730 6,582,605 1914 .. 2,229,534 5,035,435 7,264,969
Mr. DUNDAS WHITEasked the Secretary to the Treasury whether all the banknotes below £5, within the meaning of Sections 7 to 10 of the Bank Notes (Scotland) Act, 1845, issued by bankers in Scotland, are £1 notes, or whether any of them are of any intermediate denomination?
§ Mr. MONTAGUAll bank notes below £5 issued by bankers in Scotland are, as suggested in the first part of the hon. Member's question, notes of £1 value.