THE MONEY MARKET.

Auckland Star, Volume LXI, Issue 102, 2 May 1930, Page 4

THE MONEY MARKET.

BANK OF ENGLAND RETURNS. LONDON, May 1. The Bank" of England returns for the week ended April 30, as compared with those for the week ended April 23, aro as follow :— Apr. 30. . Apr. 23. t t Note circulation ... 358,822,000 362,184,000 Coin 108,742,000 108,801,000 Notes in reserve .. 64,520,000* 60,703,000 Govt. deposits .... 21.002,000 17,818,000Other deposits .... 101,71)0,000 Govt. securities ... 59,238,000 58,052,000 Other securities .... 16,754,000 17,078,000 Proportion of reserve to liabilities 52.1)0 51.(0 CONSOLS AND COLONIAL STOCKS. LONDON, April 30. The following table gives quotations for consols and.colonial inscribed stocks, compared with those of April 24 :— 1 ■ : VarlaPride. tion. £ s. d. 8. <l. Consols, 2} per cent. . 54 5 0 10 0* Funding Loan. 1U69-90 89 10 0 10 0* War Loan, 5, 1020-47 . 101 5 0 40 0* Conversion Loan, 31 . 76 15 0 7 6* Victory bonds, 4 03 11 3 13 11* Com'wealth,' Si, 3922-27 92 .0 0 5 0* Com'wealth, 0,1931-41 . 80 16 3 8 0* New Zealand 4J, 1940-58. 93 17 6 16 3* New Zealand, 3£, 1940 89 7 6 5 0* New Zealand, 8, 1045 .80 0 0 5 0* New Zealand, G, 103(J-ol lt>3 2 0 10 0* ♦Lower. War Loan, is quoted ex dividend. FOREIGN EXCHANGES. (British Official Wireless.) (Received 11.30 a.m*) .', KUGBY, May 1. Foreign exchanges on London to-day, compared with rates previously quoted :— May 1. April 20. Par. M ?0 n T a1 :... a0 . , : 4.86S 4.BC* 4.866 0 . 1 "!:..' 0 . 1 : 4.86 5-32 4.86 7-32 4.866 Brussels, belga ,- . „.. to £ 34.835 . 34.82 35 Paris, fr. to £ 123.93 123.93 124.21 G T eva :.\ f . r ;..!! 25.075 25.075 25.22 Stockholm, kr, ißoo iso 9 18159< Oslo, kr. to £. 18.165 18.16 18.150 C 18.165' 18.16 18.159 IOSi 102.23 Beriln. r.m. to Rome, lire to £ 92.78 92.78 02.40 5U ?'... k . r :..!? 164J 164J 24.02 Calcutta, pence to rupee .... 17 27-32 17$ 18 Shanghai, ster. ■ : • to taels .., 22| 23 — r0 t k o oh yen la :. S !! r : 24*' 24| - 24.58 18 1-16 ; 181-16 * 12.071 12.07J 12.107 ♦Determined on the price of silver. SHORT LOANS AND BILLS. Short loans, 1? per cent, compare with 2* per cent last week, and three months bills, 2 11-32 per cent, compare with 2 9-16 per cent last week. ; THE CANADIAN DOLLAR. MONTREAL, May 1. The, Canadian dollar is quoted to-day at §4.86% to the pound sterling. NEW YORK CALL RATES. NEW YORK, May 1. Call money has ruled at 4 per cent all itiy.