LONDON MARKETS

Sun (Auckland), Volume I, Issue 176, 15 October 1927, Page 12

LONDON MARKETS

CONSOLS AND COLONIAL STOCKS By Cable.—Press Association.—Copyright LONDON, Thursday. The following table gives quotations for consols and colonial inscribed stocks, compared with those for October 6:

BANK OF ENGLAND RETURNS The Bank of England returns for the week ended October 13, compared with those for the week ended October 6, are as follow: — October 13. October 6. Note circulation . 136,272,000 136,990,000 Coin 151,007,000 151,179,000 Reserve 34,485,000 33,939,000 Govt, deposits . 21,830,000 20,993,000 Other deposits . 101,505,000 109,864,000 Govt, securities . 52,930,000 57,845,000 Other securities . 53,560,000 56,728,000 Proportion of reserve to liabilities . . 27.90 25,90 SHORT LOANS AND BILLS Short loans, 32 per cent., compared with 3i per cent, last week; three months’ bills, 4 5-16 per cent., same as last week. THE FOREIGN EXCHANGES The following rates on foreign exchanges are current to-day, as compared with the cabled quotations on October 10

THE METAL MARKETS (Quotations on Oct. 10 in parentheses.) Copper.—Spot, £55 Is 10id (£54 Is lOAd); three months, £55 5s (£54 6s 10ld). Lead.—Spot, £2O 17s 6(1 (£2O 2s 6d); three months, £2l 7s 6d (£2O 15s). Spelter.—Spot, £27 Us 3d (£26 16s 3d); three months, £27 2s 6d (£26 12s 6d). Tin.—Spot, £250 2s 6d (£266 7s 6d); three months, £258 2s 6d (£264 ss). Silver.—Standard, 25 11-16 d (25 13-lGd) an cz; fine, 27|d (27 7-8 d). WHEAT, FLOUR AND PULSE Wheat.—Cargoes are quiet. There are freer offers of low grade Manitobas, which are 6d lower. Pacifies are also 3d lower. Parcels are easier, but there is good business at out ports at 3d to 6d decline. Liverpool futures—October, 10s 3d per cental; December, 10s 4 5-Sd; March, 10s 4 5-8 d; May, 10s 3id. Spot trade is slow. Flour.—Quiet. Australian, ex store, 39s 6d. Oats.—Firm. Beans.---Steady. Sugar.—Granulated, 30s ljd. BRADFORD TOPS The Bradford tops market is slightly more active. Quotatons are unchanged. P. AND O. SHARES P. and O.’s (deferred stock) are quoted at £267.—A. and N.Z.

CONSOLS AND COL-ONIAL STOCKS VariaPrice. tion. £ d. s. d. Consols, 21 per cent. . 56 0 0 10 ot British 3i War Loan . 99 17 6 2 6t British 5 War Loan . 102 15 0 Same. Conversion Loan, 3i 6 2 6t Com’wealth 51, 1922-1 7 98 12 6 Com’wealth 6, 1931-41 103 0 0 7 6t Victorian 3, 1929-49 . 72 10 0 Same. Victorian 3£, 1929-49 . 77 2 6 5 0* Victorian 5i, 1930-40 . 100 13 9 . 98 ( 6 5 Of Victorian 42. 1940-60 . 95 15 0 Same. N.S.W. 3, 1935 . . . 76 5 0 Same. N.S.W. 31, 1930-50 . S5 7 6 2 Gt N.S.W. 52, 1922-32 . 100 9 N.S.W. 61, 1930-40 . 103 10 0 N.S.W. 6, L930-40 . 101 2 6 Queensland 31, 1930 . 95 lb 0 2 6t Queensland 3, 1927-47 <2 Queensland 6, 1930-40 102 New Zealand 4, 1929 New Zealand 31, 1940 87 5 New Zealand, 3, '945 77 10 0 New Zealand 6, 193651 108 0 Same. . 85 7 6 7 6t S. Aast. 3. 1916 or after 62 0 0 S. Australia 61, 1930-40 103 12 6 Tasmania 3X, 1920-40 84 2 6 78 0 0 Same. Tasmania 61, 1930-40 104 10 0 Same. W. Aust. 31, 1929-35 8S — W. Aust. 3, 1915-35 85 5 W. Aust. 6. 1930-4C 102 10 0 5 0* t Hierher. * Lower. - Not quoted last week.

and par:— Oct. 13. Oct. 10. Par. Brussels, belga 34.97 34.79 5.045 Paris, fr. . . 124.05 124.02 25.225 Stockholm, kr 18.09 18.09 IS. 159 Oslo, kr 18.49 18.45 18.159 Copenhagen, kr ■ 18.17 18.18 18.159 Berlin, r.m. 20.41 20.42 20.43 Rome, lire . . 89.18 S9.18 25.225 Calcutta, pee . 18.00 18.00 24 Yokohama, pee 23 23 24* Hongkong, pee 24 24 Montreal, dol. 4.86 5-S 4.86 5-8 4.866 New York, dol. 4.871 4.87 1-S 4.866 Amsterdam, fl. 12.12* 12.14 12.10 Batavia, tl. 12.13 12.14* 12.10