THE MONEY MARKET.

Auckland Star, Volume LXIII, Issue 160, 8 July 1932, Page 4

THE MONEY MARKET.

CONSOLS AND COLONIAL STOCKS. SLIGHT EASING FROM LATE ADVANCES. BUT MARKET STILL STRONG. I (Received 30 a.m.) LONDON, July 7. The following table gives quotations for consols and colonial inscribed stocks, compared with those of July o : — Price. Variation. £ s. (1. s. d. Consols. 21 70 10 0 10 Of Funding Loan, 4, f'JCO-OO 10I! 10 (I Ui> 0» War Loan, 5, 1020-47 .. 101 O Or, 0* Conversion Lonn, ;SJ .. !>S 0 0 10 <>t Victory Konds, 4 105 7 <! 7 (It Com'wealth, 5. 1045-75 hki 10 o Sninq Com'wealth, (!. 1081-41 101 ion no o* Victorian, 3. 1020-40 .. 7."l <1 r>2 a* Victorian, 34, ]!>l'!)-in . 78 10 0 GO Of Victorian, nj, 1!>:{0-)0 . >M 2 (i 7 n* Victorian, D. 1932-42 .. !'7 h> o IS 0* Victorian, 43. 191000 . !);" 15 ft 2."> Of N.S.W., 4, 1!)r,3 !>r, O (» 2." 0* n'.s.w., :;. losri sn 15 o an o* N.S.W., 31 1030-."0 .... ~i< 10 i> -~i ot X.R.W., 53, 1022-H2 DO ]0 0 10 0» N.S.W., (i. , .. m:!(i- in, ex . fin n n 20 ft , N.S.W.. r,7 1930-40 09 o 0 20 o* Queensland, 5, 1040-00 . f!S O 0 If> O« Queensland. ;!. 1022-47 . 73 10 o 1)0 Of <Jueenslnnd, 0, 1030-40, ex no 1 o o 35 O , New Zealand, -U. 104S-58 Ino 17 (! :io of New Zealand, 3J, lino . 02 no (;r> o| New Zealand, 8, 1045 . SO 15 0 1?, Of New /.calami, (i, 10S0-51, ex 10110 ft Ift 0* S. Australia, 3J, 1030 . SO 0 ft 00 Of S.A., 3, lilKi or after .. CO 10 (» 7 (if S. Australia. OJ, 1030-40 f>!) 0 0 45 0* Tasmania, ::i, 1020-40 . SO 7 (! 22 C,f Tasmnnla, ". 1020-40 .. S.'l io 0 10 0* Tasmania. 01, imft-40 . 08 ft 0 17 0* \V. Aus., 35, 1020-35 ... !»2 Ift ft lift ft* \V. Australia, 3, 1030-40 111 15 O 2ft ft* W. Australia, 8. 1015-35 100 0 0 15 0' •fniSlier. 'Lower. FOREIGN EXCHANGES. (British Official Wireless.) (Received 1 p.m.) BUGBY, July 7. Forcißii cxelinnKCß <m London to-day, compared with rates previously n"oted : — July 7. July 0. I'nr. Montreal, dol. . -t.ftiil 4.06 4.8(111 New York, dol. :!.."iiii 3.5(1 4.8fi0 Paris, franc .. 00.875 D 0.023 124.2] Brussels, lielfja LTi.WTS 25.00 :;.". Ceneva, fr. .. 18.30 18.25 25.22 Amsterdam, fl. 8.84 5.82." 12.107 Milan, lire ... H!l.S7."i 00 13-16 02.40 Berlin, r.m. ... 151-32 15.025 20.43 Stockholm, kr. r.).50 in ir.;!2 1K.1.V.1 Copenlmgen, kr. is7-lG 187-10 18.1."S1 Oslo, kr 20.3 20.25 18.1."0 Vienna, seh. .. .'iO.s I!" 34.583 rniKiie, kr. ... 120 120 304.25 Uelsingtora, mk. 235 235 120.23 Madrid, pes. . 4315-16 431310 25.221 Lisbon, pseu. .. lift 11ft 110 Athens, dr. ... Tiilft 500 375 Hueliarest, lel . (500 Mr, 813.6 Ulo, mil r>l32 31-32 5.0 d Montevideo, <lnl. ;V> .°,O 51(1 Bombay, rupee 181-32 183-32 3Sd Rlianßhal, tnele 10.(G3 18.025 • llonßkong, dol. 15.25 15.25 Viikoluima. yen 18.20 IS./o 24.08 Bntuvla, fl. ..887 — 12.1 ft Wtirsaw, zlolcs 31.75 — 43.38 Belgrade, din. . 220 220 270.31 All quotations nrc for cable transfers'. •Determined on the price ot silver. BANK OF ENGLAND RETURNS. SHOUT LOANS CHEAPER. (Received Ift a.m.) LONDON , , July 7. The Hank of Kngland returns for the week ended July 7, as compared with those for the week ended June 30, are as follow : — July 7. June 30. Note circulation 3(50,070,000 303,083,000 C,,!,, 140,778,000 140,7117.0011 Notes in reserve 44,405,000 48,CK50,000 Govt deposits 'Jft.'.i 17,000 17,!is-_',<ioii Other deposits 115.1(i4.<)00 121,301,000 Oovt. securities .... (17,020,000 07,170,000 other securities 41,238,000 41,241,000 Proportion of reserve to liabilities 315.20 H5.00 SHOUT LOANS AND BILLS. Short loans, J per cent, compare with 1 3-1(1 per eent last week, and three months' bills. 1 3-32 per cent, compare with 1 per cent last week. The linnk's discount rate Is 2 per cont, to which it was reduced from 2J per cent on June 30.