MONEY MARKET.
BANK OF ENGLAND RETURNS. COIN HOLDING STEADY. SHOHT LOANS UNCHANGED. (Received 19 a.m.) LONDON, January 11. The Bank of ■ England returns for the week ended January 11, as compared with those for the week ended January 4, are an follow :— Jan. 11. Jan. 4. £ £ Xote circulation ... 373,196,000 382,074,000 Coin 195j236,000 195,178,000 Notes In reserve ... 77,021,000 68,632,000 Govt. deposits .... 19,269,000 10.735,000 Other deposits .... 154,515,000 164,237,000 Govt. securities .... 91.177,000 89,881,000 Other securities .... 12,173,000 39,557.000 Proportion of reserve to liabilities .... 45.10 38.40 SHORT LOANS AND BILLS. Short loanß, J per cr>nt, the same, and throe months' bills, 1 1-32 per cent, compare with 1 1-10 per cent ln.dt week. The Bank or Eocla'-id discount rate Iβ 2 per cent, to which it was reduced from 21 per cent on June 30, 1932. CONSOLS AND STOCKS. ALL-ROUND FIRMNESS. (Received 11.30 a.m.) LONDON, January 11. The following table gives quotations for consols and colonial inscribed stocks, compared with those of January 4: — Price. Variation. £ s. d. b. d. Consols, 21 per cent ... 75 lo 0 30 Of Funding Loan, 4, IU6O-90 112 15 0 5 Of War Loan, 31, 1029-17 . 101 15 0 2 (it Conversion Loan, 3i ... 102 7 IS *-■ 6f Victory Bonds, 4 311 l. r » 0 5 Of Com'wealth. 5, 1945-70 . 108 7 C> 2 Bf CourwcHlth, 6. 1931-41 . 100 2 C 1 3t Com'wealth, 3J, 1936-37 102 0 0 8 Of Victorian, 3, 1929-49 .. 1)1 2 « 2 6f Victorian. 3J, 1620-40 . 97 10 0 2 6f Victorian, 51, 1930-40 ..102 0 0 Same Victorian, 0, 1932-42 .. 101 15 0 1 3t Vlctoriau, 43, IMCM3O .. 105 0 0 15 Of N.S.W., 3, 1935 101 2 0 7 6t N.S.W.. 34, 19UO-50 9(5 7 l> (i 3t Queensland, 0, 1940-60 . 107 10 0 2 6f Queensland, 3, ltf22-47 . 91 10 0 5 Of New Zealand. 44. IU4B-58 Ktf 8 9 Same New Zealand, 31, 19-iO . 101 2 6 7 6f New Zealand. ::, 1945 .. 00 2 6 12 6t New Zealand, 8, 1930-51 105 10 0 Same S. Australia, 3J, 193!) . 101 0 0 25 Of S.A., 3, 1916 or after .. 7ft 0 0 Same Tasmania, 3J, 1!»'JO-40 . 100 17 <> 1 3t Tasmania, 3, 11)20-40 .. OS 0 0 7 6f W. Aus., 3J, 1920-35 ... 101 5 0 Same W. Aus., 3, 1915 35 .... 100 10 0 1 3f tHlgher.
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Bibliographic details
Auckland Star, Volume LXV, Issue 10, 12 January 1934, Page 4
Word Count
387MONEY MARKET. Auckland Star, Volume LXV, Issue 10, 12 January 1934, Page 4
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