THE MONEY MARKET.
BANK OF ENGLAND RETURNS. COIN HOLDING STEADY. INCREASE IN DEPOSITS. (Received 10 a.m.) LONDON, October 6. The Bank of England returns for the week ended October 6, as compared -with those for the week ended September 29, are as follow :— Oct. 6. Sep. 29. £ £ Note circulation .... 362,521,000 359,784,000 Coin 144,221,000 144,210,000 Notes in reserve .... 51,900,000 54,6.57,000 Govt, deposits 11,059,000 23,417,000 Other deposits 120,322,000 114,033,000 Govt, securities .... 07,708,000 09,918,000 Other securities .... 29,003,000 00,142,000 Proportion of reserve to liabilities .... 40.00 40.40 SHORT LOANS AND BILLS. Short loans, 2 per cent, arc the same as last week, and three months' bills, 13-10 per cent, comjiare with 19-32 per cent last week. The bank's discount rate is 2 per cent, to which it was reduccd from 24 per cent on June 30. CONSOLS AND COLONIAL STOCKS. NEW ZEALAND STOCKS FIRM. (Received 11 a.m.) LONDON, October 0. The following table gives quotations for consols and colonial inscribed stocks, compared with those of September 29
Price. Variation. £ s. d. s. d. Consols, 2J per cent .. 13 5 (I 12 G* Funding Loan, 4, 1960-90 107 0 0 1-6 War Loan, 5, 1920-47 .. .102 5 0 bame Con. Loan, assented. 3J 100 10 0 25 Ot Com'wealth, 5, 1945-75 . 100 15 0 15 0 Com'wealth, 6, 1931-41 . 101 10 0 5 0 Victorian, 3, 1929-49 .. 8G 12 0 67 6t Victorian, 3J, 1929-40 .. 91 12 6 42 6f Victorian, 5J, 1930-40 .. 100 11 9 -13 Victorian, 5, 1932-42 ... 100 10 0 17 6« Victorian, 45 1940-60 . • 103 1 3 6 3f N.S.W., 4, 1933 101 0 0 5 Of N.S.W., 3, 1935 97 0 0 Same N.S.W.. 3J, 1930-50 91 15 0 60 Of N.S.W., 53, 1922-32, ex . 100 15 0 2o 0* N.S.W., 6i, 1930-40 102 0 0 5 Of N.S.W., 6, 1930-40, ex .. 100 5 0 52 6' Queensland, 5, 1940-60 . 104 7 6 32 bf Queensland, 3, 1922-47 . 86 5 0 30 Of Queensland, 6, 1930-40 . 101 12 6 - Gt Now Zealand, 4J, 1948-58 105 10 0 22 Gt New Zealand, 31, 1940 07 17 6 4_ ■ 6f New Zealand, 3, 1945 .. 90 5 0 37 6t New Zealand, 6, 1936-51 105 17 6 2 6t S. Australia, 3J, 1939 . 97 15 0 40 Of S.A., 3, 1916 or after . 76 0 0 75 Of S. Australia. 6i, 1930-40 101 12 6 2 6* Tasmania, 3J, 1920-40 .. 96 7 6 12 6f Tasmania, 3, 1920-40 . 80 0 0 10 0 Tasmania, 65, 1930-40 .. 102 0 0 u 0 W. Aus., Si. 1929-35, ex 98 0 0 30 0* W. Aus., 6, 1930-40. ex . 97 5 0 15 0* W. Australia, 3, 1915-35 101 5 0 12 6» •(■Higher. "Lower. The closing price of the War Loan assented was £100 6/3.
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Bibliographic details
Auckland Star, Volume LXIII, Issue 238, 7 October 1932, Page 4
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459THE MONEY MARKET. Auckland Star, Volume LXIII, Issue 238, 7 October 1932, Page 4
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