LONDON MONEY MARKET

Sun (Auckland), Volume IV, Issue 1070, 6 September 1930, Page 11

LONDON MONEY MARKET

BANK OF ENGLAND RETURN LONDON, Thursday. The Bank of England weekly .return is as follows: Issue Department Notes in circulation .. £362,982,501 In banking department .. 51,477,35', Government debt* !! ! ! Other securities 1 ' Silver coin ... 4 tin nr. ! Fiduciary issue 260 000 001 Gold coin and bullion . . 354|45J>^8Gi Total £414,459,861 Banking Department Capitai £14.553,001 'hanker:, ii H? 1 ! other ' i.llis Total ‘3 t2S 208 89' Government securities .. "x tfssiisV Other securities, discount _ T advances 27,788,61 Notes ' 51,477,35! < .old and silvei- coin .. .. 1,061,Go! Total £128,208,89: The principal items of the above return compare as follows with those l’oi last week, the proportion of the reserve being shown in the last line:— Deposits— Other accounts. 33.7U5.733 34,616,43 „ ... X 114,571,225 £109,961,45; Securities— Government .. 40,141,247 47,881,21' Advances, etc. 6,459,675 6,229 :;9Tlcleceil £2,187,20! 21,569,22. iillfii iSI Proportion . . . . 48,00 47 70 ♦September 4, 1920, .12137,548,740. 1030 Maximum, May 7, X 1 64,502,391; minimum January 1, ,£146,115,719. Short Loans and Bills The Bank of Knglaiid rate of discount w hich It was reducer on May 1 from 8J per cent, .Short loam •u e Mooted at 2 per cent., same as lasi week the market rate of discount foi best three months' bills is 2 1-16 nei cent., same as last week. foreign exchanges foiiowmsi rates on foreign exwit/.Hifn ‘ U i e i V urient today, compared *' and 16 gabled, quotations on September

- li-* Ll.bbd COLONIAL STOCKS for consoll 0 -i r/i e ', aable, , e , K |VCH quotations «mnr colonial inscribed stocks, compared with those of August 28:— Varla-

~ ana par:— , _ _ Sept. 4 Sept. 2 Par. P-l'T Y f , ' fc * Ul - ■ • ♦•’*6 , 13-32 4.86 11-16 4.866 Oeneva.fr. .. 26.045 25.04 25.22 :: S:tS fffi CoPenLWen. Wr.'.' &{U il'igg Prague, kr .. . . J0 4 164 1-16 24 02 Vienna, soli 34.435 34.436 24 585 Mnn,f,f f ° rS ’ 103 5-16 J03 5-16 102.2;: Madrid, lies 45.95 45.95 25.225 Ate, te. IT-* >T* 375TTo Bukarest, lei. . . 814.5 815 3 25!225 Bueu Ayres,’ dol'.' 39} .isi*' 10 47. _ 57d \n Vsl 18 i. Hong-Koog, do!. . 15i( 15 13-16 — l OKonama, yen. . 24 13-32 248 •>.( r. s ,,

i ?rlce tion S o d.^ 17 cl. fund. Loan, 4, 1.960-90 v\ar Loan, y , 1929-47 Conversion Loan 3i 15 0 5 O'* Victory Bonds, 4 .. Com’wealth, f>, 1945-;5 90 0 0 -Same. Coin wealth, G. 1931-41 0 Victorian, 3, J 929-49 Victorian, 3J, 1929-49 Victorian, f>i, 1930-40 Victorian, f>, 1932-42 Victorian, 42. 1940-60 69 89 10 0 10 0 0 0 40 50 85 0* 0* K.S.W., 4, 1933 .. W.S.W., 3, 1935 0 0 0 27 «; N.S.W., aj, 1930-60 67 N.S.W., 1922-32 N.S.W., 61. 1930-40 0 37 N.S.W., o. 1930-40 .. .. Queensland, 5, 194 0-60 70 Queensland. 3. 1922-47 Queensland, 6, 1930-40 Now Zealand. 44. 1949-58 New Zealand, 3A, 1910 . New Zealand, 1945 . New Zealand, 6, 1931-51 104 S. Australia, 3J, 1939 S. Aust., 3, 1916 or after 51 S. Aust., 6i. 1930-40 . 98 47 Tasmania, 3~£, 1920-40 82 Tasmania, 3, 1920-40 80 0 Tasmania, 6j, 1930-40 . 99 W. Aust., 3£, 1929-35 . 90 V\ . Aust., 3, 1915-35 . 89 0 VV . Aust., 6, 1930-40 . 0 30 1 Higher ‘Lower