THIS DAY'S MONEY MARKET
... Hatf-$rID tU~s. MARKETS GENERALLY LIFELESS AND WITHOUT FEATURE. The discount rate remains easy at 434 per cent. for three monthis' bank paper, but there is no telling how soon a sharp twist up may oe experienced. Operators continue to work as if the Bank of England bad two or three more millions in grold than it actually has, and the lower the rate is allowed to fall the sharper will be the ...