LONDON MONEY MARKETS.

Auckland Star, Volume LVI, Issue 2, 3 January 1925, Page 5

LONDON MONEY MARKETS.

I LONDON, January 1. | SHORT LOANS AND BILLS. Short loans. 2J per cent, the same as last week; three months' bills, 3J per cent, compared with 3 13-1G per cont last week. I FOREIGN EXCHANGES. ! The following rates on foreign exchanges are current to-day, a.s compared with the cabled quotations on December 2y and par:

THE PRICE OF GOLD. Gold is quoted at 87/0 per oz, as compared with SS/1 on December 20. CONSOLS AND COLONIAL STOCKS. The following table gives quotations for coi..,nls and co.onial Inscribed stocks, compared with those of December 24 ;— TariaPrice. tion. Consols, 2J per cent 57} — British Conversion, 3} p.c. .. 77£ 1S» New Zealand 4 p.c., 1020.... f/B4 S. New Zealand, 3j p.c, 11)40 ...fc."/.} S. New Zealand 3 p.c, 1045 ... 77 S. New Zealand 6 p.c, 1036-51.. 110J s. Common w'lth, 5£ p.c.. 1022-27 1011 i' Common with, 6 p.e., 1031-41 10UJ J* * Lower. 3. Satuc. —Nut quoted last week. BRADFORD TOPS. In the Bradford tops market there is slightly better inquiry, but the market ig irregular. Quotations are: Sixty fours, 7ttld ; sixties. 72d ; fifty-sixes, G2d : fifties, 41d; forty-sixes, C3ju; forti.-s, 32d.— (A. and N.Z. Cable.}

New York, dol. .. 4.7-4} 4.72J Montreal, dol. 4.75} 4.74} 3'ar.is, fr 87.15 87.45 Brussels, fr 94.00 94.85 Home, lire 111.40 111.5.1 Berlin, r.m 19.95 10.87 Stockholm, kr. ... 17.61 17.55 Oslo, kr 31.37 31.28 Copenhagen, kr .. 26.86 26.73 Calcutta, pence... ]SJ 18 3-16 Hongkong, pence . 27} 28J Yokohama, pence . 19 0-16 19 0-16 4.866 4.866 25.225 25.225 25.225 20.43 3 8.159 18.159 18.159 24 ~24|