BANK OF ENGLAND RETURN

Dominion, Volume 14, Issue 149, 19 March 1921, Page 7

BANK OF ENGLAND RETURN

Australian-New Zealand Cable Association. (Hoc. March 18, 5.5 p.m.) London, March 17. The Bank of England return for the week ended March 16 is as under:— ■ ISSPB DIPABTMrUT. tfotea issued JC128.1C6.000 Gov. debt... <C11.018.000 Other sscuriNotes in ties T. 434.003 reserve 16.856-000 Gold 126,613.000 £144.962.000 £144.062.000 Bit-KINO DKPAMMEXT. Proprietors' Gov. Bscuricapltal ...£14.053,000 ties - £23,524.000 Public de- Other Becuriposits — 18.010.000 ties 102,077,000 Other deposits ...107.259.000 Note» in Rest, 7-day reserve ... 16.856,000 and other Coin iu bills ... 3.5(8.000 reserve ... 1-813,000 £144,270,000 £144.270.000 The leading itemß of the Bank of England return afford the following corn* parison:— This week Last week Last ye* £ £ £ Bullion 126.513,000 126,513.000 107 660.000 Reserve .., 18.669.000 18-350.00(1 26.548.000 Note Circulation 128.106.000 128.475.000 101,172.000 Public Deposits 18.010.000 17,881 000 18.419.000 Other Deposits 107.259.000 115.1V6.000 123.131 000 Proportion ot mervetto liabilities 14.80 13.75 23.40 GOVERNMENT SECURITIES., Following arc latest, quotations for Tfnperial and Colonial Government securities.

MONEY MARKET. The Bank of England discount rate, which had stood at 5 per cent, since April 5. 1917, on which date it was reduced from 58 per cent., was raised to 6 per cent, on November 6. 1919, and to 7 per cent, ou April 15, 1923. OPEN MARKET RATES. Tho open Kiarket rate for three monthsbill is 61 per cent., as compared with 68 per cent, last week, and 5J per cent, last year. / >Short loans are. quoted at 5i per cent., as against 51 per cent, last week, and 4S per cent, last year. EXCHANGE RATES. Australian-New Zealand Oable Association. (Rec. March 18, 5.5 p.m.) London, March 17. Exchange rates on London are quoted as follow j.-Paris, 56.28 francs to £1; Stockholm, 17.24 kroner; Christiania, 24.65 kroner: Montreal, 4.47 dollars; New York, 3.908 dollars; Berlin, 245 marks; Calcutta, 158 d to rupte; Yokohama. 29Jd. to yen; Hong-Kong, 27Jd. to dollar.

COLONIAL AND OTHER PRODUCE. (Rec. March 18, 5.5 p.m.) London, March 17. Wheat.—Quiet; unchanged. Flour.—Slow of sale. Australian, on spot, 70s. Barley—Quiet. Australian Chevalier, 655. to 75b. Oats—Tending to be easier. Beans.—Quiet. Peas.—Dull cf sale. Sugar.—Firm. Granulated 68a. 6d. Cheese.—Quiet. New Zealand, white, 1445. to 1465.; coloured. 160 s. to 1625.

Thia Last Stock Week Weak £ a. d. £ 1. d, Jf*. Imperial Cunaola 48 0 0 46 2 6 1 War Loan 67 2 6 85 2 6 ii .. War Loan 85 0 0 84 7 6 61 „ Aua.-Oommonw’th 91 8 0 07 0 0 II „ Aua.-Obmnionvr’th 05 2 6 ti l 16 0 4 „ N.8.W.1933 J ail-Julj 74 12 6 74 12 6 I „ N.8.W. 1525 Apl.-Oot 64 10 0 64 0 0 5U N.B.W.19JC-60 Ja-Jy 60 0 0 60 0 0 59 „ NSW 1922-32. May-N 03 5 0 S3 10 0 61 „ NSW 1930-40.Fe-Au 09 17 6 99 12 6 3» ,, Vic. 1921-6 Jan-Jly 84 0 0 83 17 6 31 „ Vic. 1929-49 Apl.-Oot 61 1 6 61 6 0 3 „ Via. 1929-49 Jan.-Jul 56 2 6 64 15 0 JJ ,, B.A. 1939 Jan.-Jly 66 17 6 67 0 O 3 B.A. 1916 Jan.-Jly 49 0 0 49 5 0 4 .. Q’l’d 1924 Jan-Jly 88 7 6 68 0 0 u ,, Q'i’dl922-47 Jan.-Jly 87 15 0 86 12 6 3 QTd 1922-47 Jan.-Jl; 64 17 6 54 10 0 4 „ N.Z. 1929 May-No». 85 0 0 85 U 0 3} N.Z. 1940 Jan-Jly 69 0 0 69 0 0 J „ N.Z. 1920 April-Oct. 57 12 6 57 12 6 31 „ W.A. 1915-35 My-Nr 69 0 0 69 0 0 3 .. W.A. 1916-35 My-Noy 67 0 0 67 5 0 3i „ Tao. 1920-40 Jan-Jly 68 0 0 68 0 0 3 Tai 1920-40 Jan.-Julj 60 0 0 60 0 0