LONDON MARKETS

Sun (Auckland), Volume I, Issue 182, 22 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 of October 13: — VariaPrice. tion.

tHigher. “Lower. BANK RETURNS The Bank of England returns for the week ended October 20, as compared with those for the week ended October 13, are as follows: —

serve to liabilities 29.10 27.90 SHORT LOANS AND BILLS Short loans, 3£ per cent., compared with 33 per cent, last week; three months’ bills, 4 5-16 per cent., same as last week. FOREIGN EXCHANGES The following rates on foreign exchanges are current to-day, as compared with the cabled quotations on October 17 and par:—

THE METAL MARKETS (Quotations on October 17 in parentheses) Copper.—Spot, £55 10s 7*d (£55 Is 10£d); three months, £55 11s 3s lid.). Lead.—Spot, £2O 12s 6d (£2l Is 3d); three months, £2O 18s 9d (£2l 7s 6d). Spelter.—Spot, £27 Is 3d (£27 ss); three months, £26 16s 3d (£26 17s 6d). Tin. —Spot, £264 7s 6d (£262 8s 9d); three months, £261 (£259 12s 6d). Silver.—Standard. 25 13-16 d (25 13-16 d) an oz; fine, 27 7-8 d (27 7-8 d). BRADFORD TOPS The market is firmer, with a keener inquiry for Merinos and fine crossbreds: 64’s are quoted at 4s 2Ed a lb; 60’s, 3s lOd; 56’s, 3s 40’s, Is 9£d. P. AND O. SHARES P. and O* deferred stock is quoted at £273. WHEAT, FLOUR AND PULSE Wheat. —Cargoes are dull, mostly at 3d lower. Parcels are slow at 3d to 6d lower. Cargo by the Clan Mac Nab was sold to the Continent at 51s 9d. Liverpool futures: October, 10s 2d per cental; December-March, 10s 4 l-8d; May, 10s 2 7-Bd. The spot trade is slow. Australian ex store, 54s 6d. Flour. —Quiet and unchanged. Oats. —Easier. Peas.—Steady. ' Beans quiet. Sugar.—Granulated, 29s 7Jd. —A. and N.Z.

£ s. d. s d. Consols, 2i per cent. .. 55 12 6 7 6* British 31 per cent. .. 99 IS 9 1 3t British 5 War Loan .. 102 17 6 2 6t Conversion Loan, 3£ 75 7 6 5 ot Com’wealth, 5*. 1922-27 99 0 0 7 6t Com’wealth, 6, 1931-41 103 2 6 6t Victorian, 3, 1929-49 .. 72 5 0 5 0* Victorian 31, 1929-49 .. 77 5 0 6t Victorian hi, 1930-40 .. 100 16 3 6t Victorian 5, 1932-42 .. 99 2 6 15 Ot Victorian 4$, 1940-60 .. 96 0 0 5 Ot N.S.W. 4, 1933 .. .. 94 2 6 2 6t N.S.W. 3, 1935 .. .. 76 6 3 1 3t N.S.W. 31, 1930-50 .. 85 7 6 Same. N.S.W. 53, 1922-32 .. 100 2 G 1 3* N.S.W. 6i, 1930-40 .. 103 17 6 7 6t N.S.W. 6, 1930-40 .. 101 0 6t Queensland 3£, 1930 .. 95 15 0 Same. Queensland 3, 1922-47 72 0 Same. Queensland 6, 1930-40 102 17 6 17 6t New Zealand 4, 1929 97 10 0 Same. New Zealand, 31, 1940 87 7 6 2 6t New Zealand, 3, 1945 77 15 0 5 Ot New Zealand, 6, 1936-51 108 0 0 Same. S. Australia 31, 1939 85 15 0 7 6t S. Aust. 3, 1916 or after 62 10 0 10 Ot S. Aust. 6 J, 1930-40 103 15 -o 2 6t Tasmania 3£, 1920-40 .. 84 7 6 5 ot Tasmania 3, 1920-40 .. 78 0 0 Same. Tasmania 6i, 1930-40 .. 104 10 0 Same. W. Aust. 3 1, 1929-35 88 5 0 5 0* W. Aust. 3, 1915-35 85 10 0 5 ot W. Aust. 6, 1930-40 102 12 6 2 6t

October 20. October 13. Note circulation 135,539,000 136,272.000 Coin 151,214,000 151,007,000 Reserve 35,425,000 34,485,000 Govt. deposits • 22,097,000 21,830,000 Other deposits . 99,381,000 101,505,000 Govt. securities 47.550,000 52,930,000 Other securities 56,176,000 53,560,000 Proportion of re

Oct. 20. Oct. 17. Par. Brussels, belga 34.99 34.96 5.045 Paris, fr. . . . 124.05 124.05 25.225 Stockholm, kr. . 18.08 18.90 18.159 Oslo, kr. . . . 18.55 18.50 18.159 Copenhag-en, kr 18.17 18.17 18.159 Berlin, r.m. . . 20.40 20.40 20.43 Rome, lire . . . 89.13 89.10 25.225 Calcutta, pence 1S.00 18.00 24 Yokohama, ,, 22 15-16 22 15-16 24* Hongkong-, 24 23 7-8 Montreal, dol. 4.86 9' -16 4.86J 4.866 New York, dol. 4.87 316 4.86 1516 4.866 Amsterdam, fl.. 12.102 12.103 12.10 Batavia, fl. . 12.12* 12.13 12.10