The average minimum per cent. rate of discount charged by the Bank of England, in each month in each year from 1885 to 1897, has been as follows: Circulation of All British Banks. AMOUNT OF BANK NOTES IN CIRCULATION IN THE UNITED KINGDOM IN DECEMBER, 1881 TO 1897. 16...... Year. 1881..December 17...... 30. 1894.. 29. 1895.. 28. 26... £25,689,000 £1,704,977 £1,687,213 £3,392,190 £6,073,083 £3,285,350 £4,191,116 £42,630,739 25,757,000 1,736,387 1,730,763 3,467,150 6,366,444 3,482,350 4,851,294 43,924,238 25,170,000 1,630,883 1,659,809 3,290,692 6,542,666 3,061,100 4,173,415 42,237,878 24,812,000 1,507,474 1,623,797 3,131,271 6,399,310 2,827,675 3,920,352 41,090,608 24,458,000 1,415,732 1,435,741 2,851,473 6,372,985 2,575,150 3.908,662 40,166,270 11...... 24,520,000 1,364,896 1,389,850 2,754,746 6,225,733 2,699,750 3,902,658 40,102,287 10...... 24,069,000 1,223,215 1,335,397 2,558,612 6,245,595 2,430,750 3,677,313 38,981,270 8..... 23,987,000 1,171,656 1,352,614 2,524,270 6,395,778 2,684,675 4,250,802 39,842,525 7..... 24,088,000 1,123,059 1,371,513 2,494,572 6,747,864 2,827,875 4,549,323 40,707,634 6...... 24,561,000 1,089,850 1,334,688 2,424,538 7,041,752 2818,625 4,560,708 41,406,623 25,240,628 1,026,358 1,266,124 2,292,482 7,204,629 2,67€ 825 4,270,287 41,684,851 25,478,996 900,942 1,163,878 2,064,820 6,714,399 2,462,375 3,824,389 40,544,979 25,296,323 807,088 1,132,683 1,939,771 6,824.175 2,551 275 3,984,720 40,596,264 25,358,850 708,227 1,059,386 1,767,613 6,906,079 2,553,925 3,947,238 40,533,705 25,843,827 690,481 1,056,681 1,747,162 7,326,083 2,513,200 3,946,058 41,376,330 26,147,752 456,201 1,026,967 1,483,168 7,479,750 2,516.575 3,895,829 41,522,39 27,262,697 439,422 994,826 1,434,248 7,673,786 2,532,850 3,935,470 42,839,051 5...... 31.... 25...... Total.. 29.4 36.4 123.0 125.6 43.3 44.8 49.1 44.3 20.1 19.0 9.8 9.4 4.1 4.2 279.7 283.6 74.4 76.9 28.8 29.2 36.0 31.7 9.8 8.5 2.9 2.6 2.8 2.8 186.5 188.2 48.6 48.9 14.8 15.0 12.6 12.6 8.7 10.6 6.9 6.8 1.4 1.4 93.0 95.3 |