LONDON MONEY MARKET

Auckland Star, Volume LXIV, Issue 206, 1 September 1933, Page 4

LONDON MONEY MARKET

BANK OF ENGLAND RETURNS. GOLD HOLDINGS STEADY. SHORT LOANS UNCHANGED. (Received 1° a.m.) LONDON, August 31. '1 lie Bank of England returns for the nook ended August Ml. as compared with these for I lie week ended August -J, are as follow :— , „, • Aug. 31. Aug. 21. £ •<■ Note circulation .... 374,00:: v 000 371,536,000 r.':' 105,306.000 lO.i.l4.1.00(1 Netes in reserve .... 7<;.250.0n0 Jf^:;. 1 ;'"' Govt deposits -H.06D.01M) M2,2!.5.00(l Other SePt 5 r.KMMa.OOO 188.DM.000 Govt, securities .... K1.106,000 S I.Ut .. ID Other securities .... 21.071,000 21.W1.000 Proportion of reserve to liabilities 47.20 40.50 SHORT LOANS AND BILLS. Short loans, i per cent, are the same as last week, and tliree months hills, -10 per cent, compare with 13-32 per cent last week. . The Bank of Unglatid discount rate 18 2 per cent, to which it was reduced from -j per cent on June MO. UK!-. CONSOLS AND STOCKS. FIRM TENDENCY SHOWN. (Received 10 a.m.) LONDON, August 31. The following table gives quotations for consols ami colonial Inscribedl stocks, compared with those of August -4 .— Trice. Variation.

Consols. 2J per cent ... 74 0 0* jUe Ifunrtlnc Loan, 4, 1060-00 ill 1" u u| Wloan °5, 1020-47 ... 100 0 0 Same Conversion Loan 3J ... W 0 0$ 1.-0 Victory Bonds, 4 ...... 108 17 t» - T Com'wealth, 5. 1045-75 . 107 0 0 •> |»T Com'wealth. H, IWMI. }« % ° t, & Com'wealth, 85. 1030-37 101 2 0 <T Victorian. 3, 1020-40 .. 80 0 0 5 Of Victorian, 3J 1920-49 .. 03 < « 3 ' 6J Victorian, si. 1030-40 .. 103 5 Same Victorian, 5. 1032-42 .. (2 17 ; 2«t Victorian, 13. 1940-60 .. 108 11 3 3 Ot NSAV. 3. 1035 100 10 0 Same N S W., SJ, 1930-50 04 n O 11 31 N'sw. 61 1930-40 ....100 0 0 Same NSW 0, 1030-40 .... 102 7 0 Same Queensland, 5, 1940-60 . 106 17 6 10 Ot Oueensland, 3, 1022-47 . SO 5 0 12 (»t Queensland, 0, 1080-40 . 101 0 0 Same New Zealand, 4J, 1948-5S 105 o 0 12 6t New Zealand, 3J. 10-10 . 100 0 0 Same New Zealand, 3. 1045 .. 03 0 0 5 0* New Zealand, 6, 1036-51 106 0 0 Same S. Australia, 3i, 1039 . 100 13 8 0t SA . :;, 1910 or ntter .. 7-1 T n 12 «>T Tasmania, 3J, 1020-40 . 00 0 0 Same Tasmania. 3, 1020-40 .. 00 0 0 15 0* W. Ails., 3J, 1020-35 ... 100 10 0 10 Of W. Aus., 0," 1930-10 .... 101 5 O 1 Of W. Alls., 3, 1015-35 .... 100 2 6 10 0* tlligher. 'Lower. tKx dividend.