BANK OF ENGLAND RETURN

Dominion, Volume 15, Issue 42, 12 November 1921, Page 10

BANK OF ENGLAND RETURN

Australt n n-Nrn Zealand Gable Association. (Rec. November 11, 55 p.m.) London, November 10. yun p-ng of Emrluid return for the week ending November 9 is as under:— Issrw Dkpartmxnt. Notes issued £196.403.000 Gov. debt... £11.015.003 Other seouriNotes in ties 7,484.000 reserve 18.651-000 Gold 126,606.000 £146.054.000 £145.034.00'1 BANKING DF.rAPTMF.NT. Pionrietors’ Gov. securl ...£14.553.000 ties ... £37,302.000 Public de- Other reenri1 posits ...17.893.000 ties 80,834.0® O po C 8it5d<’'...115.613.000 B it5 d< ’'...115.613.000 Notes in Rest. 7-dsy reserve.. 1R.66L000 and other v oin in bills ... 3.145.000 reserve ... £150.604.000 The lending items of the Baxi: of England return afford tho fol.owing comparison:— This week Lint week Last year £ £ £ ' R ,.i lion 126,605000 ' 56 602.000 122.740.000 Reserve ... 22.468,000 SI 721.000 14 010.000 NoU Circulation 126.403.000 ISS 141.000 ltd Mb.OOO Public Deposits 17.693 000 16260»i> •0.816.000 Other Deposits 115.013.000 126.662.9Cil -IZ/jO-OOC Proportion of leseivefi to _ , liabilities 19.20 15.3! 10 6* GOVERNMENT riKCUBITIEI". Following are latest uttotaltous (or Imperial and Colonial G.-Teraras.' •_jjeu£lt'.*>‘

MONEY MARKET. The Bank of England discount rate, which wm raised from 6 per cent, to 7 per cent, on April 16. 1920. was reduced to 6} per cent, on April 26. 1921, to 6 per cent, on June 22, 1921. to per cent, on July 20, 1921, and further reduced to 6 per cent, on November 3, 1921. OPEN MARKET RATE. The open mart-"*. rate for three months' bills is nominally 4 per cent,, as compared with 3f per cerrt. last, week and 63 per cent, last year Short loans are quoted at 35 per cent, as against 3J per cent, last week and 5J oer cent. last year.

Stock I 1 u Last Week — £ • A, ft •X, Im per 1*1 Consol® «o o r •> „ (Var Loan 90 0 P 50 0 0 u ,. 'V w Loan 87 r* e C8 6 0 , f. yr..-Common r th iei o » LH 0 s' j • 1H Co JHOii VT th 95 n 4 •c.- jo 0 < K KT. .’nnJ sb IS lil i. ;« o o 5 ,. K.8--r. !>«• A pi. Oct 67 j A - *1 2 $ y\ . z’ .K a .1530-50 J%-Jy e?. >. c I. .1 15 0 <4 NH'4 ISEJ*. May-N 05 ;j !• 7 ■• 10 9 « .. USW 1930-/0. fa-A loa m 6 ‘02 7 ’* >[ Vic WI’-O .fan-Tll. Pl u -• id 6 U. Vie. 1SW «■-'p’.-Oct. 6a »" r *•3 12 6 j Vju. 1P2M9 .:m.-Jul 67 <: $ f7 7 6 31 SA 145? ,l;'.n.-.lly 60 0 C ■.7 7 6 3J „ 8.3.1916 Jr-n.-Jly r. 2 o v .’2 o 0 4 O'1'd 19’.4 Jen-Tl.v co in o n a 6 5i ” 4? -ian. Jly 60 1'2 6 7 6 < Q'l d PiW .for. JI6 j 17 u .3 -J 6 / ' H.Z. ’VW Xay-t<ot. 67 ii «; ■‘.7 - 6 31 ff.K. 1W Jt-.n-JiL" 70 17 6 "J li 6 j“ N.z 1 ')V A p-il-Ocl 62 0 0 •••: in n M W.A. 19'5 36 M.v-Nt 71 0 0 7»’ 1Q 3 W..A 191.' /•'> U/ Nc.5 67 15 U 17 b? 0 3", ., Ta.i. 1979-*' Jan-Jl/ t‘9 5 0 6<, e f 3 ...TolSU- J C J**-‘ y J’C ! G4 • 0 ,61 C t>