THE MONEY MARKET.

Auckland Star, Volume LXIII, Issue 77, 1 April 1932, Page 4

THE MONEY MARKET.

BANK OF ENGLAND RETURNS. (Received 11 a.m.) LONDON, March 31. The Bank of England returns for the weed ended March 31, were as follow: — m Mar. 31. Mar. 23. £ £ .Vote circulation .. 3(50,520.134 858,835,523 Coin 120.807,003 121,461.077 Note 3in reserve .. 34,277,800 42,747,055 Govt, deposits 11,015,100 10,439,004 Other deposits 54,565,810 73,054,023 Govt, securities ... 35,605,906 37.615,906 Other securities .. 34,381,270 48,643,641 Proportion of reserve to liability 30.90 32.10 SHORT LOANS AND BILLS. The rates for short loans and bills are unaltered from those ruling on March 23, viz., short loans 2j} per cent, and three months' bills, 2 3-16 per cent.

FOREIGN EXCHANGES. {Received 1.30 p.m.)

LONDON, March SI. •oreign exchanges on London to-day, compared Tvith rates previously quoted :—

Mar. 31. Mar. 30. Par. Montreal, dol. to £ 4.21 4.15 4.S66 New York, dol. to £ 3.80 3.76 4.8G6 Taris, fr. to £ 90.625 98.875 124.21 Brussels, belga to ■£ 27.125 26.95 35 Genera, fr. to £ 19 9-1C 1!) 7-16 25.22 Amsterdam, fl. to £ 9.13-32 9.32 12.107 Milan, lire to £ 73.25 7.2.5 92.46 Berlin, r.m. to £ 1515-16 15.75 20.43 Stockholm, kr. to £ 18.625 18.625 18.159 Oslo, kr. to £ IS 15-16 18 29 32 18.15? Copenhagen, kr. to £ — 18.15 18.159 Prague, kr. to £ 128.25 127 24.02 Helslngfors, mk. d to £ ... 215 215 192.23 Bombay, pence to rupee — 18.125 18 Shanghai, sterling to taels 20.875 20.875 * Hongkong, sterling to dol. , 1511-16 1511-16 * Yokohama, sterling to j-en . 21.125 22.75 24.58 All quotations are for cable transfers. •Determined ou the price of silver.