THE MONEY MARKET.

Auckland Star, Volume LIX, Issue 177, 28 July 1928, Page 4

THE MONEY MARKET.

CONSOLS AND COLONIAL STOCKS. LONDON, July 26. The following table gives quotations for consols and colonial inscribed stocks, compared with those of July 19: — VariaPrice. tion. £ s. d. b. d. Consols, per rent .. 55 17 6 2 6+ Britsh, 't, War Loan . 102 0 0 5 Of Conversion Loan, 3J .. 77 17 G 2 ft* Com'wealth, SJ, 1922-27 98 7 (! 7 Of Corn'wealth, 6, 1931-41 103 5 O Same. New Zealand, 4, 1920 . 09 13 0 Same. New Zealand, 3j, 1940 87 12 ft 7 tit New Zealand, 3, 1945 79 16 3 ft 3t New Zealand, ft, 1936-51 106 15 0 1 31 •Lower fHigher.

BANK OF ENGLAND RETURNS. (Australian Tress Assn.—United Service.) (Keeeived 10 a.m.> LONDON, July 26. The Hank of England returns for the week ended July 26, as compared with those for the week ended July 19, are as follows:— July 26. July 19. Note circulation 136,016,000 135,891,000 Coin 176,020,000 175,944,000 Notes in reserve ">6.056,000 57,013,000 C.i.vt. deposits . 11,537,000 16,388,000 Other deposits. . 106,838,000 106,992,000 Govt, securities . 28,279.000 31,389.000 Other securities 48,418,000 50,240,000 Proportion of reserve to liabilities 50.40 45.40 SHORT LOANS AND BILLS. Short Joans, 3'/& pfcr cent, same as last week, and three months' bills, 4 1-16 percent, compare with 4 3-32 per cent last week. FOREIGN EXCHANGES. 1 DOLLAR ADVANCING. ! (Australian Press Assn.—United Service.) LONDON. July 20. Foreign exchanges on London to-Uay, compared with rates previously quoted.: July 26. July 23. Tar. Montreal (dol. to £) 4.SCVI, 4 S7 1 V 4 New York (dol. to 13 , £) i.S.T'.',,, 4 sir 4 sfif; Brussels (belga to £> rM.fMU :: i fin Paris (fr. to £) .. liM.nr, l'l'M Stockholm (kr. to £) ;•••• 15.1(5 IS 159 Oslo (kr. to f) .. IS.IOJ Is.lOA 18.159 Copenhagen (Ur. to £) IS.lfij 18.10 18150 Berlin (r.m. to £) 2o.:>vj Rome (lire to £) ? 02.84 25 225 Amsterdam (fl. to £) 12.07 12.081 12.107 Batavta (tl. to £) 12.10 12.10 12.107 Calcutta (pence to rupee) ... 17 2 17 £ +24 Yokohama (pence to yen) 22*/w 22i 24.58 | Hongkong (pence to dol.) 24Via 241 • Prague (kr. to f) 16.'! I[i /io 101' As 24.02 All quotations are for cable transfers. •Deti rmi' er 1 on the price of sliver. tOo the basis o- ten rupees to one sovereign (gold). P. AND O. SHARES. P. and O. deferred stock is quoted at £239. THE PRICE OF GOLD. Gold is quoted at 84/11% per oz. *