THE MONEY MARKET.

Auckland Star, Volume LXII, Issue 96, 24 April 1931, Page 4

THE MONEY MARKET.

CONSOLS AND STOCKS. AUSTRALIANS FALL HEAVILY. XEW ZEALANDS EASE SLIGHTLY. (Received 12.15 p.m.) LONDON, April 23. The following table gives quotations for consols and colonial inscriDed stocks, compared with those of April 16:— VariaPrice. tion. £ e. d. s. d. Consols, 2i 5S 0 0 10 0+ Funding Loan, 4, 1960-90 93 10 0 10 Ot War Loan, 5, 1929-47 . 104 15 0 5 Of Conversion Loan, 3J ... SO 10 0 10 0+ Victory Bonds, 4 96 10 0 10 Of Com'wealth, 5, 1945-75 . 69 15 0 125 0* Com'wealth, 6, 1931-41 . 79 0 0 122 6* New Zealand, 41, 1948 58 90 5 0 15 0* New Zealand, 3£, 1940 . S7 2 6 5 0* New Zealand, 3, 1945 . 7S 2 6 7 6* New Zealand, 6, 1936-51 102 15 0 7 6* ♦Lower. fHigher. BANK OF ENGLAND RETURNS. The Bant of England returns for the week ended April 23. as compared with those for the week ended April 16, are as follow :— , Apr. 23. Apr. 16. . £ £ Note circulation .. 348,444,000 354,363,000 Coin 150,815,000 150,293.000 Notes in reserve .... 57,420,000 50,949,000. Govt, deposits 13,564,000 8,372,000 Other deposits 90,1 SB,OOO 96,361,000 Govt, securities .... 30,950,000 34,334.000 Other securities .... 32,482,000 36,227,000 Proportion of reserve to liabilities 56.00 49.40 SHORT LOANS AND BILLS. Short loans, 2 per cent, the same as last week, and three months' bills. 2 9-16 per cent, compare with 2| per cent last week.