BANK OF ENGLAND RETURN

Dominion, Volume 14, Issue 228, 21 June 1921, Page 5

BANK OF ENGLAND RETURN

Australian-New Zealand Onble Association. London, Juno 17. The Bank of England return for the week ended Juno 15 te an under:— Is-rvr nvr*pTMVNT. Notes Issued £127.491.009 Oov. debt... £11,91.5.000 Other securiNotes in ties T.m.nnn reserve 17.505 000 Gold T26,517.0|)0 f144.0Pfi.009 f 144.096.000 Banking DKrAnrireNT. Fioprletors’ capitat ...£14.553,000 ties ... £68,430.000 Public de- Othersecuriposits ... 15.000.000 tics 77.058.009 Other depoFits ...131.130.000 Notes In Rest. 7-Gsy reserve ... 17,505,000 find other Coin in bills ... 3.230.000 reserve ... 1.829 OCO .€l6-1.822,000 J? 164.822.000 The. leaxiinor Items of tho Bank of England return afford the following coSFparison:— This week Last week Last j’ear £ £ £ Bullion 126 547,000 126.545000 r 6.729.000 Reserve ... 20.334.000 126.715.000 21.075. CW Note Circulation 127.491.000 16.260-060 114.166.600 Public Deposits 15.900.000 17.660,600 21.2‘.9.0<J0 Other Deposits 131.130 000 133.287.C00 132,554 COO Proportion of reserves to liabilities 13.11 12.30 14.29 GOVERNMENT SECURITIES. Following nrc latest quotations for Tim perial 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 51 per cent., was raised to 6 per cent, on November 6. 1919, to 7 per cent, on April 15 1920. and reduced to 6i per cent, on April 28. 1921. OPEN .MARKET RATE. The open market rate for three months’ bill is nominally per cent, as compared with 5) per cent, last week and 62 per cent, last year. Slfort loans aro quoted at 5 per cent., an against 6 per oont. last week, and 5$ per cent, last year.

Slock This W eek Last Week S'% Imperial Consul* £ B. d, 45 12 6 1‘ s. d, 46 0 0 b Vi ar Loan 87 7 6 88 17 0 it, War Loan 87 0 0 88 0 0 61 ,, Z»ue.-Common w’th HO 0 0 09 0 0 51 ,, Aiis.-Coniinonw’th *95 0 0 95 2 6 4 „ N .fl. VV.1933 .»an-Jub 75 15 0 . 76 0 0 J „ N.S.W. 1325 Apl.-Oet 67 10 0 67 10 0 3J, N.R.W.193G-50 Jn-Jy 64 2 6 64 10 0 59 .. NSW* 1922-32. llay-N 95 10 0 06 0 0 6J NfiW 1930-40.Fe-Au 1G2 10 0 102 17 6 3? ,, Vic. 1921-6 Jan-Jly 85 17 6 31, Vic. 1929-49 Apl.-Oet 63 0 0 62 ?5 0 3 Vie. 1929-49 Jan.-Jul 56 5 0 56 G 0 3J H.A. 1939 Jan.-Jly 68 0 0 68 0 0 3 H.A. 1916 Jan.-Jly 51 17 6 5*2 0 0 4 .. Q.'l’d 1924 Jan-Jly 89 0 0 89 0 0 54, Q'i , '11922-47 Jan.-Jly 87 15 0 87 10 0 3 ,. Q’l d 1922r47 Jan.-Jl; 56 2 6 56 7 6 4 „ N.Z. 1929 May-Nov. hl 10 0 84 12 6 ib .. N.Z. 1940 Jan-Jly 69 7 6 60 12 6 3 N.Z 1920 Ap-ll Oct 59 15 0 60 0 0 33 .. W.». 1915-35 My-Nv 72 0 t 72 0 0 3 W.A. 19*5-35 My-Nov 68 0 0 69 0 0 31 ,, Tin. 192l-’O Jnn-JIy 68 17 6 69 0 0 o Tas 1923-40 Jaii.-ciils 63 0 0 03 0 0 •New script, 10 5. discon it.