THE MONEY MARKET.
FOREIGN EXCHANGES. (Australian Press. Assn.—United Service.) LONDON, June 14. Foreign exchanges on London to-day, compared with rates previously quoted :— June 14. June 11. Par. Montreal (dol. to £) 4.89 5 /i« 4.891 4.866 New York (dol. to f) 4.882 4.88 s /i« 4.866 Brussels (belga to £) 34.95 34.06 35 Paris (fr. to £) . 124.15 124.15 25.225 Stockholm (kr. to £) 18.20 18.20 18.150 Oslo (kr. to £) .. 18.23 18.23 18.159 Copenhagen (kr. to I) 18.2.". 18.20 1 8.159 Berlin (r.m. to £) 20.4': 20.42 20.4:; Rome (lire to £) 92.80 92.75 25.225 Amsterdam (fl. to £) 12.10 J2.09J 12.107 Batavia (fl. to £) 12.12 12.12 12.107 Calcutta (pence to rupee) 17 15 / 10 IS t24 Yokohama (pence to yen) 22£ 22«/s» 24.58 Hongkong (pence to dol.) 243 25'/,, * Prague (kr. to £) . 1641642 24.02 All quotations are for cable transfers. ♦Determined on the price of silver. tOn the basis of 10 rupees to one sovereign (gold).
BANK OF ENGLAND RETURNS. (Australian Press Assn.—United Service.) LONDON. June 14. The Bank of England returns for the week ended June 14, as compared with those for the week ended June <, are as follow :— June 14. June 7. £ £ Note circulation .. 135,073,000 135.662,000 Coin 168,090.000 1«4.080.000 Notes in reserve .. 50,389.000 45.966.000 Govt, deposits .... 18,250.000 8.852,000 Other deposits ... 102.793.fXi0 110,273,000 Govt, securities .. 34,440.000 36.187.0d0 Other securities .. 51,668,000 52,570,000 Proportion of reserve to liabilities 43.50 40.40 SHORT LOANS AND BILLS. Short loans, 3J per cent, same as last week, and three months' bills. 3| per cent, compare with 3 13-16 per cent last week. CONSOLS AND STOCKS. LONDON, June 14. The following tables gives quotations for consols and colonial inscribe_d stocks, compared with those of June 7: — VariaPrice. tion. £ s. d. s. d. Consols, 2i per cent . . 56 5 0 Same British 5 War Loan . . 101 12 6 2 6+ Conversion Loan, 3J .. 78 0 O Same (lorn 1 wealth SJ, 1922-27 98 12 0 — Com'wealth 6, 1931-41 . 103 0 0 2 fi* New Zealand 4, 1929 .. 99 5 0 5 Ot New Zealand 3J. 1940 . 87 5 0 7 6| New Zealand 3, 1945 .. 78 17 6 1 3* New Zealand 6, 1936-51 108 12 <> 2 6* "Lower. fHigher.
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Auckland Star, Volume LIX, Issue 141, 16 June 1928, Page 4
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357THE MONEY MARKET. Auckland Star, Volume LIX, Issue 141, 16 June 1928, Page 4
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