BANK OF ENGLAND

Sun (Auckland), Volume IV, Issue 992, 7 June 1930, Page 12

BANK OF ENGLAND

WEEKLY RETURN LONDON, Thursday. The Bank of England return for the week is as follows: — Issue Department Notes in circulation £359,798,602 In banking department .. 50,189,987 Total £415,988,589 Government debt £11,015,100 Other Government securities 232,892,247 Other securities 11,629,210 Silver coin 4,463,438 Fiduciary issue 260, 222’-22 Gold coin and bullion .. .. 155,985,u59 Total £415,988,589 Banking Department Proprietors’ capital .. .. Rest .. •• •• *• «»,ZoU,isUJ Public deposits . . Other deposits, bankers .. 71,081,853 Other accounts 36,908,849 Seven-day and other bills -JJ74 £134,653,927 Government securities . . . . £58,380,547 Other securities, discounts, advances Securities Jfiisq’os? Notes -• o6 ’snn’iiQr Gold and silver coin .. .. 890,490 £134,653,927 The proportion of reserve to liabilities is 45.80 per cent. Short loans are quoted at 2 per cent, (same as last week) and three months bills at 2 3-16 per cent. The principal items of the above return compare as follow with those for last week, the proportion of the reserve being shown in the last line: Deposits—• May 28. .Tune 4. Government .. £13,241,450 £ 8,877,942 Bankers 58,963,730 71,081,853 Other accounts 35,906,848 36,908,849 £108,112,028 £116,568,644 Securities — „ Government . . £45,577,629 £58,380,547 Advances, etc . 6,805,493 6,476,057 Other 11,515,774 12,716,840 Reserve 61,985,151. 57,080,483 Note circulation . 356,131,548 359,798,602 ■"Coin and bullion 158,116,699 156,879.085 Proportion . . . . 57.30 45.80 ♦June 5, 1929, £170,868,000. 1930: Maximum, May 7, £164,502,391; minimum, January 1, £146,502,391. FOREIGN EXCHANGES The following rates on foreign exchanges are current today, compared with the cabled quotations on June 3 and par:— June 5 June 3 Par. Montreal, dol. . . 4.865 New York, dol. . . 4.85 25-32 4.85 11-16 4.866 Paris, fr 123.92 123.89 124.21 Brussels, belga .. 34.815 34.815 35.00 Geneva, fr 25.095 25.105 25.22 Amsterdam, fl. . . 12.082 12. 12.10 Rome, lire 92.76 92.73 92.46 Berlin, r.m 20.365 20.36 20.43 Stockholm, kr. . . 18.165 18.165 18.159 Oslo, kr 18.155 18.16 18.159 Copenhagen, kr. . 18.165 Vienna, sell 34.455 34.455 34.58 J Prague, kr.' .. .. 1635 1635 24.02 Helsingfors, mark 1925 193 192.23 Madrid, pes 40.025 40.115 25.225 Lisbon, escu. .. 108.25 105.25 Athens, dr 375 375 375.00 Bukarest, lei. .. SIS 818 25.225 R. de Janeiro, mil. 5 51-64 5 13-16 Buen. Ayres, dol. 42g 42 11-16 47.57 d Calcutta, rupee .17 3-5 17 25-32 lSd Shanghai, tael ..175 195 Hong Kong, dol. . 162 16& —* Yokohama, yen . 24 13-32 24 13-32 24.58 d Batavia, fl COLONIAL STOCKS The following table gives quotations for consols and colonial inscribed stocks, compared with those of May 29: — VariaPrice. tion. £ _ s. d. s. d. Consols, 2£ per cent. . . 55 0 0 30 0* Funding Loan, 4, 1960-90 89 10 0 20 0* War, Loan, 5, 1929-47 . . 102 0 0 Same. Conversion Loan, 3£ . . 77 15 0 15 0* Victory Bonds, 4 94 7 6 2 6* Com’wealth, SA, 1922-27 S 7 0 0 60 0* Com’wealth, 6, 1931-41 . 99 1 3 3 9* Victorian, 3, 1929-49 . . 63 10 0 40 0* Victorian, 35, 1929-49 . . 6S 2 6 7 6* Victorian, si, 1930-40 .. 95 la 0 »0 0 Victorian, 5, 1932-42 . . 87 15 0 5 0* Victorian, 42. 1940-60 . . 82 7 6 42 6* N.S.W., 4, 1933 91 5 0 33 9* N.S.W., 3, 1935 84 0 0 3 9* N.S.W., 3-1, 1930-50 .... 66 10 0 50 0* N.S.W., 53, 1922-32 . . 97 11 3 7 6* N.S.W., 6£, 1930-40 .. 99 15 0 10 0* X.S.W., 6, 1930-40 .. 96 15 0 5 0 * Queensland, 31, 1930 . . 99 10 0 30 0* Queensland, 3, 1922-47 . . 63 0 0 35 0* Queensland. 6, 1930-40 98 10 0 2 6* N.Z., 45, 1949-5 S 94 1 3 6 3* NZ, 3i. 1940 8S 17 6 16 3* N.Z , 3, 1945 79 10 0 10 0* N.Z., 6, 1936-51 105 7 6 1 3* S. Australia, 35, 1939 . . SI 0 0 35 0» S. Aus., 3, ’l6 or after 49 10 0 50 0* S. Aus., 63.. 1930-40 . . 100 7 -6 7 6t Tasmania, 1920-40 .. 79 10 0 40 0* Tasmania, 3, 1920-40 . . 79 0 0 40 0* Tasmania, 6i, 1930-40 . . 101 0 0 10 Or W. Aus.. 31, 1929-35 . , 87 0 0 10 0* W. Aus., 3. 1915-35 .. 85 0 »> JO Ot W. Aus.. 6, 1930-40 96 10 0 65 0* tHigher. ‘Lower.