THE MONEY MARKET.
BANK OF ENGLAND RETURNS.. COIN HOLDING MAINTAINED. (Received 10 a.m.) LONDON, September 25. The Bank of England returns for the week ended September 25, as compared with those for the week ended September IS are as follows:— £ £ . Sept. 25. Sept. 18. Note circulation .. 355,709,000 £37.787,000 Coin ...1 101.803,000 101,978,000 Notes in reserve .. 00,536,000 58,652,000 Govt, deposits 13,310,000 8,933,000 Other deposits ... 98,369,000 99,093 000 Govt, securities .. 41,056,000 38,766,000 Other securities .. 27,258,000 27,780 000 Proportion of reserve to liabilities ... 55.20 55.30 SHORT LOANS AND BILLS. j Short loans, 2 per cent, same as last; week, and three months' bills, 2 1-32 per ' cent-, compare with 2 3-32 per cent last 1 week. The Bank of England discount rate is 3 per cent, to which it was reduced from 34 per cent on May 1. THE CANADIAN DOLLAR. (Received 10 a.m.) MONTREAL, September 25. 'Jrhe Canadian dollar is quoted to-day at 4.85% to the £ sterling.
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Bibliographic details
Auckland Star, Volume LXI, Issue 228, 26 September 1930, Page 4
Word Count
155THE MONEY MARKET. Auckland Star, Volume LXI, Issue 228, 26 September 1930, Page 4
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