MONEY MARKET.
BANK OF ENGLAND RETURNS, Received June 8, 11.25 a.m. LONDON. June 6. The following is the Bank of England return: ISSUE DEPARTMENT. ' £\ Notes in circulation 569,200.000 Notes in banking department . 11,000.000 Other Government securities ... 564,000,000 Other securities 3,600,003 Silver coin 500.000 BANKING DEPARTMENT. Rest 3,300,000 Bankers' deposits 118,800,000 Public deposits 13,600,000 Other accounts 49,600,000 Government securities 161.700.000 Other securities 22,800,000 Discounts and advances 2,900,000 Notes and coin 12,400,000 Ratio of reservo to liabilities 6.8 per cent. The discount rate is still 2 per cent. rubbeFTnd tin. LONDON, Juno 6. The price of rubber is 12 9,32 d a lb. The price of tin is:—Spot, buyers, £274 10s a ton ; sellers, £274 15s; forward, buyers £272 10s a ton; sellers, £272 15s. NEW YORK. June 6. The price of tin is 53.87 cents a lb. The statistical position of tin at the close of May, compared with previous periods, was: ■\ r 1« A
March April May World visible tons tons tons supplies 22,980 23.119 26,632 Straits carry-over . 3,897 4,564 2,451 15,961 12.808 15,873 Deliveries 16.846 12,669 13,360
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/MS19400608.2.121.8
Bibliographic details
Manawatu Standard, Volume LX, Issue 162, 8 June 1940, Page 12
Word Count
178MONEY MARKET. Manawatu Standard, Volume LX, Issue 162, 8 June 1940, Page 12
Using This Item
Stuff Ltd is the copyright owner for the Manawatu Standard. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International licence (CC BY-NC-SA 4.0). This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Log in