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THE MONEY MARKET.

FOREIGN EXCHANGES. (British Official Wireless.) RUGBY, September 26. Foreign exchanges on London to-day,, compared with rates previously quoted: —

Amsterdam (n, to «„_ £) 12.005 12.081 12.107 All quotations are for cable transfers. •Determined on the price of silver. CONSOLS AND STOCKS. The" following table gives quotations for consols and colonial inscribed stocks, compared with those of September 19:—

AMERICAN STOCK GAMBLING. :[■ BEARS AND BULLS. (Australian and N.Z. Press Association.) (Received 10.30 a.m.) NEW YORK, September 27. In the face of an unexpectedly large increase of 192 million dollars in brokers' loans to a new high loan record, stocks moved erratically with an advantage to the bears in a spirited tussle. Weakness was accentuated in the last hour, when fresh selling followed a feeble mid-after-noon rally. Leading stocks closed two to ten points off, with much higher losses Registered in lesser issues.

Sep. 2C. Sep. 24. Par. Montreal (dol to „, £) 4.89 4.S9& 4.866 New York (dol. to £) . ............ 4.87Via 4.84"/3 a 4.866 Brussels (belga to '„.„ „_ £) 34.875 34.875 35 Paris (fr. to £) . 123.865 123.865 124.21 Geneva (fr. to £) 25.165 25.155 25.22 Stockholm (kr. to «„,*«. , 0< -« £) 18.105 18.105 18.1o9 Oslo (kr. to £) . 18.205 .18.205 18.159 Copenhagen (kr. to 0 . 1 *. 8 192.875 192.875 192.23 Berlin (r.m. to £) 20.365 20.36 20.43 Rome (lire to £) 92.695 92.655 92.46 Prague (kr. to £) 163.75 163.75 24.02 Yokohama (pence to yen) 21*%. 19-75 24.o8 S £) DSb .°!,. ( !!?!.!? 27.25 27 - Hongkong (pence to dol.) •• 22.75 22.75 •

VariaPrlce. tion. £ s. d. s. d. Consols, 21 per cent .. 52 15 0 IS 0* Funding, 4, 1960-00 ... 83 0 0 $3a 0* War Loan, 5 per cent .. 101 0 0 7 6* Conversion Loan, 31 .. 72 10 0 5 0* Victory Bonds 91 2 6 7 6* Com'wealth, : 51, 1922-27 94 0 0 Same Com'wealth, 6, 1931-41 . 101 11 3 1 3f New Zealand, 4, 1929 . 101 2 6 Same New Zealand, 81, 1940 . &5 12 .6 5 0* New Zealand, 3, 1945 . 75 15 0 Same New Zealand, 6, 1936-51 103 5 0 17 6* fl-Hgner. *Lower. JBs Interest.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/AS19290928.2.14.2

Bibliographic details

Auckland Star, Volume LX, Issue 230, 28 September 1929, Page 4

Word Count
337

THE MONEY MARKET. Auckland Star, Volume LX, Issue 230, 28 September 1929, Page 4

THE MONEY MARKET. Auckland Star, Volume LX, Issue 230, 28 September 1929, Page 4

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