BANK OF ENGLAND RETURN

Dominion, Volume 14, Issue 274, 13 August 1921, Page 7

BANK OF ENGLAND RETURN

Ausfalian-New Zealand Cable Association. (Rec. August 12. 5.5 p.m ) London. August 11. The Bank of England return for tho week ended August 10 is as under: — Ts«ui: IInrAnTMKNT. Nbt*» issued jC1t>7.. r ,64.CT0 Gov. debt... JH.015.00C Other securiNotes in ties 1.4114.000 reserve 17.450000 Gold 178.565.000 £145.014 000 *145.014.00(1 BAXKIXO PI’.rABTMKXT. Pioi rietors' Gov. securiraidtal ...114,553.000 ties ... f5t1.115.0C0 Pui-Uo he- Oihfveeciiriposiis ...,18.259,000 ties 81.107,000 Other de- , . posits ...114.197.000 Notes in Rest.7-<t»y reserve ... 17.450.000 and other Com in hilts' ... 3.470.000 reserve ... 1.815.CC0 XJSO SSfi.ore ' J 150.458.000 The leading items of the Bank of England return afford the following comparison :— This week Last week Lastyoar £ £ .1 Hutiion . ... 126 565.000 126,583 000 12!.5®.000 Pecerre - !9.!'ti6,p09 18.133.C00 15 900.(00 Note Circulation 127,.'61.000 128 600.n00 125.525.(101 Public Deposits 18 259 000 16.318 000 15,090.000 Other Deposits 114,197.000 103.710.100 1-24.019.000 Proportion of reserves to liabilities 14.35 14.50 11-42 GOVERNMENT BECURITIEB. Following are latest quotations for traperiul and Colonial Government seourlties.

/MONEY MARKET. The Bank of England discount, rate, which was raised from 6 per cent, to 7 per cent, on April 16. 1920, was i educed to 6i per cent, on April 26, 1921. further reduced to 6 per cent, on June 22, 1921. and again reduced to ofc per cent, on July 20, 1921. OI'EN MARKET RATE.

The open market rate for three months’ bill is nominally 4? per cent., as compared with 41 per cent, last week and 6} per cent, last year. abort loans are piloted n.t 4 per cent., as against 4 per cent, last week and 5J per cent, last year.

Stock Thia Weak Laaii Week 1. £ f '% Imperial Comola 43 10 0 40 10 0 5 .. W ar E8 5 0 88 5 0 ij .. War Lar.u 80 10 0 86 10 0 „ Auu.-Contmonw th P9 0 0 08 15 0 5i ,, Aus.-Commonw tb 10 0 95 12 6 4 „ R.fi.W.l»K Jaa-Jub 77 0 0 76 15 0 5 .. N.B.W. 191? Apl.-Oet 88 0 0 6fi 0 0 3i „ N.H. W. 1950-50 Ja-Jy 63 12 6 63 12 6 53 NSW 1922-32. May-fl 96 10 0 06 10 0 €1 .. NSW 1930-40.Pc-An 10'2 15 0 10'2 10 0 l\ Vic. 1921-6 Jan-.Tly 88 0 87 JO 0 31, Vie. 1929-49 A pl.-Oct. 64 10 0 64 0 0 i „ Vic. 1929-4$ JRn.-Jul 57 0 u 5G 15 0 3i .. S.A. 1939 Jan.-Jly 88 9 6 67 15 11 3 S.A. 1916 Jan.-Jly 62 JO fl 52 0 0 4 O’l’d 1924 Jan-Jly 90 0 c 90 0 0 5J , Q'>'dl522-47 Jan.-Jly 89 0 c 89 0 0 3 .. QTd 1922-47 Jan.-Jl; 58 10 c 56 5 0 4 , N.Z. 1929 May-Nov. 85 12 6 65 12 6 36 .. N.Z. 1940 Jnn-Jly 70 0 0 70 0 0 3 ., N-Z 192(1 Ap-il-Oct. 60 12 6 60 6 0 H ., W.A. 1916-36 My-Nv 72 n 0 72 0 0 7 .. W.A. 1915-35 My-N<>» 68 o 6 68 JO 0 36 ,, Taa. 1920-40 Jan-.TIy 68 1 7 b 68 15 0 I .. Tn 1920-40 Jan.-J all 83 0 0 63 0 0