§ Sir W. Smithersasked the Chancellor of the Exchequer whether he will state for Ways and Means advances by the Bank of England and by public Departments, separately, on the last day of each quarter since the beginning of 1939 the then current rates of interest; the periods of currency; the amounts outstanding at each of the varying rates in the event of the rates of interest not being uniform and the amount interest free?
§ Sir K. WoodThe figures of Ways and Means Advances by the Bank of England and public Departments are as follow:
public Departments and Treasury deposits by banks, separately, during each quarter since the beginning of 1939?
§ Sir K. WoodThe following table gives the amounts asked for in the Question:
713W
Average amounts outstanding during each quarter (£000). Treasury-Bills. Ways and Means Advances by Treasury Deposit Receipts. Bank of England. Public Departments. Quarter ending 1939— 31st March … 877,570 1,558 69,827 — 30th June … 927,270 926 67,135 — 30th September … 1,068,363 299 75,061 — 31st December … 1,279,831 321 104,213 — 1940— 31st March … 1,383,608 151 120,798 — 30th June … 1,407,419 33 101,752 — 30th September … 1,751,034 6,848 109,141 42,886 31st December … 1,998,241 7,649 126,399 244,690 1941— 31stMarch … 2,162,419 9,814 177,464 370,022 30th June … 2,250,353 6,047 181,443 503,357 30th September … 2,451,924 5,060 222,296 528,598 31st December … 2,513,224 12,647 238,933 709,891 1942— 31st March … 2,470,325 9,914 275,374 711,372 30th June … 2,575,812 3,679 315.753 423,714 30th September … 2,635,013 3,620 225,214 686,826 31st December … 2,730,395 18,590 247,179 869,413 1943— 31st March … 2,770,796 25,922 261,896 986,328 30th June … 2,907,118 2,819 265,300 999,786