COMMERCIAL.
LONDON ■MARKETS. j (Received 1.30 p.m.) 11 LONDON. April 27. \_ The Bank of England returns for the I 1 wek'ended April 'J7. as compared with those ;|i for jthe week ended aVpril 20, are as 1 , follows:— ,< I April 20. April IS. i £ ill Cold J-iT.O.V>,OO" U7,0r,0.00i! j Reserve 2ti.<U*(,oo*» 2.*j.';:''J,(KX» i Note issue ]-!i.:'07,e00 liii.ias.o'Kj i Oovj deposits 14,6«).0OO 16.525.01NI 1 . ()-ther deposits II'I.eOS.OOO "117.7<T1.00i» - Gov J securities. .. 47.534.000 45.454.000 1 Other securities .. 75,461,0tX> 78.102,000 i Proportion of reserve to liabilities ... 10.00 17..-.I BUTTER MARKET STEADY. 1 Butter. —The market is steady. Good I < demand for New Zealand choicest at IS2' and ISO/, Australian 17:!/ to 174/, secondary 170/ down to 160/. There Is a strong demand for secondary for retail sale at 1/8 per lb. Cheese.—-Slow. New Zealand, white. 75.1 , to SO/, coloured SS/ to IK).'; Australian 4, . to li/ less. , CEREALS AXD PULSE. * Wheat. —Cargoes are dull owing to pollti- , cal rumours and free offers from America of j new winter crop. Tarausay and Hnnheath 57/3. Parcels are quiet at Ud and 1/ lower. , Spot trade steady hut quiet. Australian, due. is quoted at 60/6. Flour.—Quiet. Australian 44/ to 43/. , Barley.—Slow. Maltsters awaiting budget. * Oats.—Steady. Peas and beans un- ; changed. j Sugar.—Granulated. 4S/C. "Wool.—Bradford wool market is firm. Quotations unchanged, but have a hardening tendency for 4G's and upwards. Broken Hill buyers 34/4, sellers 23/. P. « and O. buyers, £320: sellers £340. i Tallow.—At the sales, 1301 casks were 11 offered, and 70S sold at unchanged rates.— 11 (A. aud N.Z. Cable.) \{ RATES OF DISCOUNT. j j Short loans. 2"j per cent, 3 per cent less ' i than last week; three-mouth bills 2J per cent, < same as last week. 1.5 FOREIGN EXCHANGES. I j The following rates on foreign exchanges' I are current to-day. as compared with the 5 cabled quotations on April 24 and par:— . r April 27. April 24. Tar. I ' New York ... 4dol 42* c 4.42 i 4.86G f Montreal 4dol 40e 4.50 4 860 Paris 47fr !)."".'■ 47.r,il 25.255 ' Berlin 1200 m 1113 20.43 r Stockholm ... 17kr 07ore 17 38.159 * .Christiania .. 23kr3."iore 23.32 18.15!) * •Copenhagen .. 20kr77ore 20.75 15.139 •Calcutta 1/31 1/3J 2/ " Hongkong ... 2 '3J 2/6 — j Tokoharna .. 2/l£ 2/1J 2/0} |J, CONSOLS AND NEW ZEALAND STOCKS. | v The following table gives quotations for J" consols and colonial inscribed stocks, com- j pared with those of April 20:— Trice. Variation. I £ s. d. s. d. g Consols. 2* per cent .... 50 15 O 5 fit a British, 3} p.c. war loan 04 12 fi 2 6» , c British W.L. ex-<liv. .. 99 12 (I 2."i 0* j v New Zealand 4 p.c, 1029 95 0 II 25 (if | s New Zealand 8J p.c, 1940 SI IS 0 10 Of ; c New Zealand. 3 p.c, 1945 73 17 (1 7. 6t f t Higher. * Lower. v —(A. and N.Z. Cable) *
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Auckland Star, Volume LIII, Issue 99, 28 April 1922, Page 7
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475COMMERCIAL. Auckland Star, Volume LIII, Issue 99, 28 April 1922, Page 7
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