FINANCIAL MARKET
BANK OF ENGLAND RETURN FOR THE WEEK CONSOLS AND COLONIAL STOCKS In it cd P.A— V, v Tele av p h—r opy righ t Deed. 9.5 a.m. LONDON. Thursday. week ended'toda y'is fol'lcws ‘°* l he Issue Department In banking department 5.5,820.549 Total L591.9_8.856 Oih« Gov't - - •- • - * 'thr securities <.791.155 G old. ••■•in and bullion 15R92s!sS6 Banking Department Proprietors' capital .. .. 1 1.355.000 Public deposits _ 15.784.557 Other deposits, bankers 54.705.509 (Other accounts 41.755.117 Government securities .. .. 06.534.792 Other securities, discounts advances .. 9.210.078 Securities 1 9.275.175 Gold and silver coin .. .. 542.146 The Bank of England rate of discount is 6 per cent., to which it was reduced from 6i per cent., a fortnight ago. Short loans are quoted at 5 per cent., the same as last week, and three months’ hills are quoted at 5 21 -52 per cent., compared with 5 13-16 per cent, last week. , The proportion of reserves to Viabilities is 2".8n per cent., compared with 30. SO CONSOLS AND COLONIAL STOCKS
NEW YORK REDISCOUNT RATE A New York message announces that the rediscount rate has been lowered to 4i per cent. Gall money remained at fi per cent, all day on Thursday. ADVICE TO INVESTORS Advice to investors was given by the chairman, Mr. G. O. Greagh. at this morning’s call on the Auckland ’Change, when he issued n warning against certain companies which stated on their prospectus that early application would be made for listing on ’Change. Many of these companies made no attempt to have the shares listed once sufficient money was received from the public to go to allot men t. BRADFORD TOPS MARKET United P.A.—By Telegraph—Copyright Reed. 9.5 a.m. LONDON, Thursday. The Bradford tops market is quietly fiim, but spinners arc holding off. Quotations are unchanged.
Nov. 11 Nov. 7 • 'onsols. 2i pci- rent. 0 0 7.:'. . 0 0 Funding Loan 1960-90 So ft <» So ft 0 War Loan. 7. 1929-47 99 17 ft 99 17 ft Conversion Loan, 0\ 71 0 d 74 0 0 Victory Bonds . . .. 9 1. 7 ft 91 ft ft Com'w'tli. 5-i. 1922-27 ft ft 9-', 17 fi Ditto. 6. 19:11-41 .. 99 17 fi 100 ft ft X.Z.. 4 i. 1948-58 93 fi 3 94 ft «• Ditto, 0’., 1940 .... SR 7 fi SR 7 ft Ditto, :l. 194.7 .. .. 7R 2 fi 7R ft <• Ditto. 6, 19C6-71 .. 103 7 R 103 0 0
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Bibliographic details
Sun (Auckland), Volume III, Issue 821, 15 November 1929, Page 10
Word Count
392FINANCIAL MARKET Sun (Auckland), Volume III, Issue 821, 15 November 1929, Page 10
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