THE MONEY MARKET.
~" FOREIGN EXCHANGES. (Australian Press Assn.—United Service.) LONDON, September 20. Foreign exchanges on London to-day, compared with rates previously quoted :— Sep. 20. Sep. 17. Par. Montreal (dol. to £) 4.85 4.841 4.866 New York (dol. to .„.,„„„„ £) f 4.85 V„ 4.85 V« 4-866 Brussels (belga to __, _, £\ 34.01 34.90 35 Paris (fr. to f) . 124.15 124.20 124.21 Stockholm (kr, to .„«-«, £\ " 18.14 18.13 18.150 Oslo (kr. to £) .. 18.20 18.19 18.159 Copenhagen (kr. to „«,*— £) ." 18.20 18.19 18.159 Berlin (r.m. to £) 20.35 20.36 20.43 Rome (lire to £) . 92.78 92.83 92.46 Prague (kr. to £) 163$ 163& 24.02 Calcutta (pence to 18 IS 18 rupee) Yokohama (pence 22J 22 l 7 M 24.58 to yen) Hongkong (pence 24] 24J • to dol) Amsterdam (fl. to 12.09J 12.09} 12.107 Batavla" (fl."to'£ j * 12.10J 12.10J 12.107 All quotations are for cable transfers. •Determined on the price of sliver. CONSOLS AND STOCKS. The following table gives quotations for consols and colonial Inscribed stocks, compared with those of September 14 : VariaPrice. tion. £ s. d. 8. d. Consols, 24 per cent .. 5." 15 O 2 6"' British 5 War Loan .. 102 12 6 2 6* Conversion I/oan.. 3J .. 77 2 6 Same Com'wealth SJ, 1022-27 . 99 2 6 2 9* Com'wenlth 6, 1031-41 . 102 10 0 2 6» New Zealand 4, 1f.29 .. 100 5 0 New Zealand 3J, 1040 .. 88 12 6 Same New Zealand 3, 1045 .. 70 5 0 Same New Zealand 6, 1036-51 107 7 6 2 6« •Lower. BANK OF ENGLAND RETURNS. LONDON, September 20. The Bank of England returns for the week ended September 20. as compared with thoße for the week ended September 13, are as follow :— Sep. 20 Sep. 13. £ £ Note circulation .. 133,773,000 134,607,000 Coin 176,080,000 178,684,000 Notes In reserve .. 59.414.000 59,050,000 Govt, deposits 15,888,000 13,074,000 Other deposits 1CQ.801.000 98.886,000 Govt, securities .. 28.065,000 27,145,000 Other securities .. 44,899.000 41,396.000 Proportion of reserve to liabilities 53.10 55.10 SHORT LOANS AND BILLS. Short loans, 31 per cent, and three months' bills, 4J per cent, same as last wtek, i bank rata remain* unchanged at
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Auckland Star, Volume LIX, Issue 225, 22 September 1928, Page 4
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335THE MONEY MARKET. Auckland Star, Volume LIX, Issue 225, 22 September 1928, Page 4
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