HC Deb 06 December 1912 vol 44 c2646W
Mr. CHIOZZA MONEY

asked the Chancellor of the Exchequer if he will state for each of the years 1870, 1875, 1880, 1885, 1890, 1895, 1900, 1905, 1910, and 1911 the average reserve in notes and gold held by the banking department of the Bank of England; the public and other deposits of the banking department of the Bank of England; the estimated aggregate deposits with banks in the United Kingdom; and the aggregate of the external commerce of the United Kingdom?

Mr. LLOYD GEORGE

I have no official information as to the aggregate deposits with banks in the United Kingdom, but an estimate for most of the years mentioned will be found in the issue of the "Statist" for 27th April, 1912. As regards the rest of the question the figures are as follows:—

Bank of England. Aggregate Value of Imports and Exports.
Year. Reserve.* Deposits.
Public. Other.
£ £ £ Million £s.
1870 12,464 7,635 18,157 547.4
1875 11,578 5,223 21,190 655.5
1880 15,998 6,852 26,165 697.6
1885 15,138 6,264 27,187 642.5
1890 13,686 5,875 27,452 748.9
1895 29,876 7,600 40,566 702.5
1900 21,456 9,285 40,603 877.5†
1905 25,306 11,837 42,282 972.6†
1910 27,137 13,078 41,769 1,212.4†
1911 28,002 13,088 42,369 1,237.1†
* This includes the Bank's stock of silver coin which it would be impossible to exclude without much labour.
† Exports of new ships and boats with their machinery have only been included since 1899 in the official returns of exports.