BANK OF ENGLAND RETURN

Evening Star, Issue 23384, 29 September 1939, Page 10

BANK OF ENGLAND RETURN

Press Association —By Telegraph—Copyright LONDON, September 28. (Received September 29, at 11 a.m.) The following is the Bank of England return —lssue Department. — Note issue in circulation £541,800,000 Bank department 38,300,000 Government securities 565,500,000 Other securities 3,300,000 Silver coin ... ... ... 200,000 —Banking Department.— Rest 3,700,000 Public deposits 19,800,000 Bankers’ deposits 107,200,000 Other amounts 40,500,000 Government securities 120,300,000 Discounts and advances 2,500,000 Other securities 23,900,000 Notes and coin 39,000,000 Ratio of reserve to liabilities is 23.27 per per cent. The Bank of England discount rate is 3 per cent. CONSOLS AND STOCKS Press Association—By Telegraph—Copyright

* Ex interest. NEW GUINEA GOLD SHARES Press Association—By Telegraph—Copyright LONDON, September 28. (Received September 29, at 1 p.m.) New Guinea Gold shares are quoted at Is sd. THE BRADFORD MARKET Press Association —By Telegraph—Copyright LONDON, September 28. (Received September 29, at 1 p.m.) There is liitlo business in Bradford tops owing to unwillingness to sell at the low price level. Yarns are dearer. LONDON MONEY MARKET Press Association—By Telegraph—Copyright LONDON, September 28. (Received September 29, at 11 a.m.) Discount and short loan interest rates, day-to-day loans, 11 per cent.; fine trade bills, three months 31 to 4 per cent.; bank bills, three months, 2| per cent.; bank bills, six months, 3 per cent.; Treasury bills, two months, 2\ per cent.; Treasury bills, three months, 2J per cent. GOLD AND SILVER UNCHANGED FURTHER DROP IN NOTE CIRCULATION (British Official Wireless.) RUGBY, September 28. (Received September 29, at 11.30 a.m.) The official price of bar gold has been retained at £8 8s a fine ounce throughout the past week. The spot quotation for bar silver also remained unchanged all the week at Is lid. To-dav’s bank return shows that note circulation fell by a further £4,500,000 to £541,833,470.

LONDON, September 28. (Received September 29, at 11 a.m.) Consols, £62 0 0 •Funding Loan, 4, 1960-90 100 10 0 War Loan, 3J, 1952 88 10 0 Conversion Loan, 6i, 1961 87 10 0 Victory Bonds, 4 ... ... ... • •• 102 0 0 Commonwealth, 5, 1945-48 ... • •• 95 2 6 Commonwealth, 4, 1943-48 ... ••• 92 5 0 Commonwealth, 3J, 1948-53 84 0 0 Commonwealth, 3J, 1956-61 74 0 0 Commonwealth, 3, 1955-58 ... 70 10 0 New South Wales, 3J, 1935-50 82 0 0 Victoria, 3, 1929-49 80 0 0 Victoria, 4|, 1940-60 95 ,0 0 Victoria, 5, 1945-75 • •• 95 0 0 Queensland, 3, 1922-47 84 0 0 Queensland, 5, 1940-60 yq- iu 0 South Australia. 3, 1916 (opt.) b5 U 0 South Australia, 5, 1945-75 95 0 0 West Australia, 4, 1942-62 ... ... 85 0 0 Tasmania, 3|, 1920-40 99 0 0 Tasmania, 4, 1940-50 „ 90 0 0 New Zealand, 4J, 1948-58 ... 85 0 0 New Zealand, 3J, 1940 100 0 0 New Zealand. 3, 1948 ... 81 15 0