THE MONEY MARKET.
FOREIGN EXCHANGES.
(Australian Press Assn.—United Service.) LONDON, September 27. , Foreign exchanges on London to-day, compared with rates previously quoted Sep 27. Sep. 24. Par. Montreal (dol. to 1 £) 4.867 M 4.84} 4.888 New York (dol. to £) 4.85 4.84 u /u 4.866, Brussels (belga to '< ; i) 84.90 . 34.01 33 Paris (fr. to £) . 124.00 124.12 124.21 Stockholm (kr. to *) 18.13 18.14 18.159 Oslo (kr. to f) .. 18.20 18.19 18.169 Copenhagen (kr. to i) 18.90J 18.19 18.150 Berlin (r.m. to £) 20.34 20.33 20.43 • Rome (lire to I) . 92.79 92.78 92.46 - Prague (kr. to I) 163 V». 163»/„ 24.02 } i' Calcutta (penes to 1 . i rupee) V. 18 18 18 Tekbbama (pence . wja Ten) 22"/* 22"/» 24.58 | Hongkong (pence PK to dol). ...VT... 241 24f • & Amsterdam (fl. to 12.09} 12.09) I*lo7 Batavta (fl,. to <) 12.10 12J0 IXIO7 AH quotations are for cable transfers. •Determined ontfcs price of sliver. jfer -:'" CONSOLS ANDSTOCKS. ■ The following table gives quotatloas for consols and colonial Inscribed stocks* compared with those of September 14 i— v ; pf\ TariaPrice. ttoa. £ S. d. Mm d.; Consols, 2} per cent 6518 0 , 8 Of British Funding Loan, 4 - - per cent, 1900-1990 . 88 2 6 — British 5 War I*an ■•.. VO 13 6 Bute Conversion Loan, 8| .. 77 5 0 2 6f Com'wealth Bi, 1922-27 . 99 2 6 . Same Com'wealth 6, 1981-41 . 101 12 6 17 W New Zealand 4, 1929 . 100 7 6 2 fit New Zealand 84, 1940 .. 8811 8 1 3* New Zealand 8, 1945 .. 79 7 6 2 >6f New Zealand 8, 1986-51 107 12 8 5 Ot •Lower. fHlgher. <•<";] BANK OF ENGLAND RETURNS, f LONDON, September 27. The Bank of Bngland returns for. the wsek ended September 27, as compared with those for the week ended September 20, are as follow Sep. 27. Sep. 20.1 I , < Note circulation .. 184,495,000 133,773,000 Coin 173,205,000 176,060.000 Notes In reserve .. 55,825,000 59,414,000 Govt, deposits .... 9,694,000 15,888,000 other deposits .... 103,741,000 100,801,000 Govt securities .. 81,681.000 28,065.000 Other securities .. 41,578,000 40,899,000 Proportion of reserve to liabilities 51.50 53.10 SHORT LOANS AND BILLB. Short loans, 3i per cent, same as last wsek, and three months' bins, 4. 8-16 per cent, compare with 4} per cent last week.
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Auckland Star, Volume LIX, Issue 231, 29 September 1928, Page 4
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362THE MONEY MARKET. Auckland Star, Volume LIX, Issue 231, 29 September 1928, Page 4
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