HC Deb 25 October 1920 vol 133 cc1391-2W
Mr. A. HERBERT

asked the Chancellor of the Exchequer what has been the value of paper money issued monthly by the Treasury from 1st June, 1919, to 1st June, 1920?

Mr. CHAMBERLAIN

With my hon. Friend's permission, I will circulate in the OFFICIAL REPORT a statement containing the figures in answer to this question.

The following is the statement referred to

The total amounts of currency notes outstanding on various dates from June, 1919, as shown in the published weekly returns, were, in round figures, as follow:—

1919. £
2nd July 342,952,000
30th July 338,787,000
3rd September 330,787,000
1st October 335,021,000
29th October 336,578,000
3rd December 340,278,000
31st December 356,152,000
1920.
4th February 329,830,000
3rd March 327,529,000
31st March 335,372,000
28th April 337,377,000
2nd June 351,051,000
29th September *350,496,000
13th October *353,306,000
20th October *352,795,000
* Excluding notes of the earlier issues called in but not yet cancelled.

The uncovered (fiduciary) issue was, on 2nd July, 1919, £314,452,000; on 2nd June, 1920, £313,701,000; and on 20th October, 1920, £305,545,000.

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