LONDON MONEY MARKET
BANK OF ENGLAND RETURNS. GOLD STILL MOUNTING UP. SHORT LOANS CHEAP. (Received 10 a.m.) LONDON, April 27. The Bank of England returns for the week ended April 27, as compared with those for the week ended April 20, are as follow:— Apr. 27. Apr. 20. £ £ Note circulation .... 371,934,000 376,122,000 Coin .. 190,499,000 183,963,000 Notes in reserve .... 74,004,000 67,840,000 Govt, deposits 10,782,000 9,912,000 Other deposits .... 138,041,000 139,989,000 Govt, securities .... 68,531,000 75,201,000 Other securities ... 23,083,000 23,061,000 Proportion of reserve to liabilities 50.30 45.80 SHORT LOANS AND BILLS. Short loans, S per cent, and three months' bills, 17-32 per cent, are the same as last week. The Bank of England discount rate is 2 per cent, to which it was reduced from 21 per ccnt on June 30. CONSOLS AND STOCKS. AN EASING TENDENCY. (Received 10 a.m.) LONDON, April 27. The following table gives quotations for consols and colonial inscribed stocks, compared with those of April 20:—•
Price. Variation. £ b. d. s. d. Consols, 21 per cent ... 75 10 0 12 6* Funding Loan, 4, I960 !K> 110 10 0 12 6* War Loan, 5, 1923-47 .. 100 JO Ot 35 0* Conversion Loan, 31 .. 101 0 0 Same Victor.T Bonds, 4 109 17 6 — Com'wealth. 5. 1945-75 . 107 5 0 7 6* Com'weaith, 6, 1931-41 . 101 17 6 2 6f Com'weaith, 31, 1936-37 101 5 0 2 (it Victorian, 3, 1929-49 ... 90 .5 0 3 Of Victorian, 31, 1929-40 . 95 12 6 2 6* Victorian, 51, 1930-40 . 101 15 0 Same Victorian, 5, 1932-42 .. 101 O O 10 0* Victorian, 48, 1940-60 .. 103 15 0 5 0» K.S.W., 4, 1938 101 10 O Same N.S.W., 3, 1935 99 7 6 5 0* N.S;W., 31, 1930-50 95 7 6 5 0* N.S.W., 61, 1930-40 102 12 6 2 6f N.S.W., 6, 1930-40 101 5 0 Same Queensland, 5, 1940-60 . 104 2 6 10 0* Queensland, 3, 1922-47 . 00 10 0 10 0* Queensland. 6, 1930-40 . 102 2 6 2 6« New Zealand, 41, 1948-D8 107 0 0 10 0* New Zealand, 31, 1940 . 100 7 6 2 6« New Zealand, 3, 1945 .. 93 15 0 5 0» New Zealand, 6, 1936-51 108 5 0 3 9f S. Australia, 31, 1939 .. 101 2 6 7 6* S.A., 3, 1916 or after . 76 15 0 5 0* S. Australia, 61, 1930-40 102 5 0 Same Tasmania, 31, 1920-40' . 100 7 6 10 0* Tasmania, 3, 1920-40 .. 98 15 0 Same Tasmania. 61. 1930-40 . 102 12 6 5 Of W. Aus., 31. 1929-35 .. 100 7 6 12 6* W. Aus., 6, 1930-40 102 2 6 2 6« W. Aus., 3, 1915-35 .... 09 7 6 2 6* $Ex Interest. tHigher. 'Lower.
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Bibliographic details
Auckland Star, Volume LXIV, Issue 98, 28 April 1933, Page 4
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445LONDON MONEY MARKET Auckland Star, Volume LXIV, Issue 98, 28 April 1933, Page 4
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