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BANK OF ENGLAND RETURNS.

HOLDING OF COIN HIGHER. BIG INCREASE IN NOTE ISSUE. LONDON, August 4. The Bank of England returns for the week ended August 4, as compared with those for the week ended July 28, are as follow :— Aug. 4. July 28. £ £ Note circulation 374,728,000 309.285,000 Coin 143,220,000 112,383.000 Notes in reserve ....38,835,000 43,440,000 Govt, deposits 11,401,000 11.243,(100 Other deposits 121,252,W0 122,747.000 Govt, securities .... 75,079,000 1i8.770.n00 Other securities .... 35,231,000 30,047,000 Proportion of reserve to liabilities 20.50 33.00 SHORT LOANS AND BILLS. Short loans, J per cent, compare with § per cent last week, and three months' bills, 23-32 per cent, compare with 25-32 per cent last week. Tho bank's discount rate is 2 per eont, to which it was rcdueed from 2i per cent on June 30. FOREIGN EXCHANGES. STERLING SLIPS FURTHER. (British Official Wireless.) RUGBY, August 4, Foreign exchanges on London to-day, compared with rates previously quoted • — Aug. 4. Aug. 3. Par. Montreal, dol. . 4.02 4.045 4.866 New York, dol. 3.405 3.515 4.866 Paris, franc .. 80 5-16 80 11-16 124.21 Brussels, belga 25.20 25.325 35 Geneva, fr. .. 17.705 18.045 25.22 Amsterdam, 11. 8.00 5.73 12.107 Milan, lire ... 68.625 68.875 02.46 Berlin, r.m. ... 14.70 14.775 20.43 Stockholm, kr. 10.50 10.405 18.150 Copenhagen, kr. 1819-32 15.505 18.159 Oslo, kr — 10.075 15.159 Vienna, sell. .. 30.5 20 34."' Prague, kr. ... 118.25 318.75 164.25 Helsingfors, mk. 233 233 129.23 Madrid, pes. .. 43.125 43.50 -5.221 Lisbon, cscu. ..110 110 110 Athens, dr. ... 545 550 075 Bucharest, lei . 590 090 813.6 Rio, mil 5.125 5.125 5.9 d Montevideo, dol. 20 29 51d Bombay, rupee 18 3-32 18 3-32 18U Shanghai, taels — 20 7-16 * Hongkong, dol. — 15.6-5 Yokohama, yen — 18.620 ~4.08 Batavia, fl. .. 8.75 — 12-10 Warsaw, zlotys 31.25 — 43.3b Belgrade, din. . 220 220. -<6.31 AH quotations are for cable transfers. ♦Determined on the price of silver.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/AS19320806.2.15.8

Bibliographic details

Auckland Star, Volume LXIII, Issue 185, 6 August 1932, Page 4

Word Count
300

BANK OF ENGLAND RETURNS. Auckland Star, Volume LXIII, Issue 185, 6 August 1932, Page 4

BANK OF ENGLAND RETURNS. Auckland Star, Volume LXIII, Issue 185, 6 August 1932, Page 4

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