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MONEY MARKET.

' •• - J ► BRITISH TREASURY BILLS. . British Official Wireless. r The-.total amount applied for tliis jfcseW! >W t woyih of Tr*^ ► Bury ljillß was £89,540,000. The average ► Sate per cent for .bills at three months Waij ( 10/4.18, against 10/4.54 a week ago. 1 NEW CAPITAL ISSUES. i _H .' ( British Official Wireless. ( RUGBY, May 1. New capital issues in April amounted to • * 1 11 . 947 ' 382 » compared with £11,257,125 in March and £10,456,137 in April, 1936. The total for the first four months of 1037 is £ 6i,490,630. ' AUSTRALIAN POSITION. -Average deposits in the ten Auehaliin 1 trading banks (excluding the Common--1 Wealth Bank) reached the recoiil total of £307,191,000 in the January-March quarter , of this year. Compared with a year ago the increase is £14,793,000, which reflects the rises in prices of commodities. As a 1 result the credit position ie«much easier I than it was in the October-December quarter of last year. Advances at £261,461,000 compared with £258,563,000 a year ago.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/AS19370503.2.41

Bibliographic details

Auckland Star, Volume LXVIII, Issue 103, 3 May 1937, Page 4

Word Count
161

MONEY MARKET. Auckland Star, Volume LXVIII, Issue 103, 3 May 1937, Page 4

MONEY MARKET. Auckland Star, Volume LXVIII, Issue 103, 3 May 1937, Page 4

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