BANK OF ENGLAND RETURNS.

Press, Volume LXV, Issue 19622, 18 May 1929, Page 14

BANK OF ENGLAND RETURNS.

faSITXB PKBSB ASSOCIATION —BY BLSCTMC ratSOB-VPH—COPTEUOHT.) LONDON, May 16. The Bank of England returns for the week ending Wednesday are a3 follows: ISSUE DEPARTMENT. £ Notea Issued— In circulation .. .. 362,810,877 la Banking Dept. . . .. 58,329,310 Total •• .. *21,140,187 Government debt . . .. 11,015,100 Other Government securities .. 236,210,946 Other securities .. 7,95"1,539 Silver coin .. .. 4,822,415 Gold coin and bullion .. 161,140,187 Total .. .. 421,140,187 Amount of fiduciary issue .. 260.000,000 BANKING DEPARTMENT. Proprietors' capital .. .. 14,553,000 Rest .. •• .. 8,200,858 .Public deposits .• .. 9,290,798 Other deposits— Bankers .. .. 61,070,863 Other accounts . . _ .. 36,078,600 Seven-day and other bills >• 5,633 Total . . .. 134,199,852 Government securities •. 37,816,855 Other recurities — Discounts, advancus . 9,568,015 Securities . . . • 17,746,941 Notes . . • • • • 58,329,310 Coin . . • ■ ■ . 720,731 Total .. .. 124.199,853 The proportion of reserve to is 55.40 per cent. Short loans are quoted at 4J per cent., and 3 months' bills ut o 3-32 per cent. —Australian Press Association. GOVERNMENT SECURITIES. LONDON, May 16. The following are the latest quotations for Government securities, compared with the prices ruling last week: — Last- week. This week. £ s d. £ s. d. Imperial Consols, 24 p.c. . . 54 25 0 54 15 0 British Funding Loan .. 88 5 0 88 1 3 War Loan, 5 p.c., 1929-47 . . 100 17 6 100 17 6 Conversion Loan, SJ p.c. . . 77 5 0 77 0 0 Commonwealth, 6 p.c., 1921-41 .. 101 10 0 101 12 C Commonwealth, 5 p.c., 1943 75 . . 98 18 9 99 0 0 New Zealand, 6 p.c., 1933-51 .. 105 17 6 106 0 0 New Zealand, 4 p.c., 1929 . . 99 7 6 99 7 6 New Zealand, 3J p.c., 1940 . . 87 13 C 87 17 6 New Zealand, 3 p.c., 1945 . . 78 6 3 .78 8 9 New South Wales, 5J p.c., 1922-23 99 13 9 100 0 0 New South Wales, 4 p.c., 1928 ..102 0 0 102 5 0 New South Wales, 4 p.c., 1933 . . 94 2 6 94 10 0 New South Wales, 3J p.c., 1930-40 75 17 6 76 15 0 New South Wales, 3 p.c., 1935 . . 85 5 0 65 i 6 Victoria, 5 J p.c., 1930-40 96 17 6 96 17 8 "Victoria, 5J p.c., 1921-26 94 0 0 94 0 0 Victoria, 3 p.c., 1920-40 . . 71 10 0 71 15 0 Victoria, 5 p.c., 1933-42 . . 99 15 0 99 IT 6 Victoria, 3 p.c., 1920-40 .. 76 7 6 76 8 9 Queensland. 6 p.c., 1930-40 .. 101 10 0 101 10 0 Queensland, 3} p.c., 1930 .. 98 5 0 98 7 6 Queensland, 3 p.c., 1923 17 . . 71 12 6 72 7 6 South Australia, 61 p.c., 1930-40 . . 102 1 3 102 2 6 South Australia, 8§ p.c., 1935 . . 84 12 6 85 11 3 South Australia, 2 p.c., 1916 or after 59 0 0 59 O 0 West Australia, 6 p.c., 1930-40 . . 101 10 0 101 0 0 West Australia, 31 p.c., 1930-35 . . 86 5 0 86 10 0 West Australia, 8 p.c., 1915-25 .. 89 0 0 89 0 0 Tasmania, 61 p.c., 1980-40 .. 108 5 0 103 10 0 Tasmania, 31 p.e., 1920-40 81 6 O 81 0 0 Tasmania, 3 p.e., 1920-40 .. 84 17 6 85 0 0 —Australian Press Association. FOREIGN EXCHANGE RATES. | (BRITISH ORICUL WIMLSSS.) RUGBY, Hay 16. The exchange rate* on London are as fellows:— Par. May 14. May 16. Paris, if. to £1 25.221 134.15 124.15 Brussels, bclgaa bo £1 5 34.945 34.935 Oslo, kT. to 41 .. 18.169 18.194 18.195 Copenhagen, kr. to £1 18.169 18.901 18.205 Stockholm, kr. to £1 18.159 18.166 16.185 Amsterdam, fl. .. 12.107 12.06* 12.06} Berlin. Reichmarken to £1 .. ■■ 19.500 90.465 30.48 Montreal, dol. to il 4.86J 4.881 4.861-10 New York, dol.to. £1 4.86| 4.85 5-16 4.85 1-18 Batavia .. .. 12.107 12.12J 12.11J Pniguo, kroner to £1 24.02 164 163| Geneva .. .. 95.90 95.911 95.196 Milan .. ... 98.46 92.65 99.65 Vienna .. •• 34.58J 84.56 84.54 Helsingfors ... 198.23 193 193 Madrid .. .. 25.92 i 84.066 84-08 Lisbon .. .. 4.50 1081 10»» Athens ' .. .. 23.22* 375 375 Bucharest, lei to £1 816 818 818 Buenos Ayres, kroner 47.62 47 5-16 47 5-16 Rio do Janeiro .. 16.0 5 7-16 5 57-64 BoinW .. .. 18.18 17 29-32 17 29-33 Shanghai .. ... 34} fi9i 29} Hong-Kong .. 24 33} 2SJ Yokohama .. 96.22 33 5-32 23 8-39. METALS. (usittt PUSS AMOCUTIOK—JI SUKSSIC nUOBAJH—COVXIIGHT.) LONDON, May Ift. May 18. May 16. (per ton.) (par too.) Copper— £ s. d. £ s. d. Standard, spot .. 75 2 6 74 9 8 Standard, " forward 78 1 8 79 16 10| Electrolytic .. 88 lo 0 88 0 0 to .. 84 1« 0 84 10 0 Wire bars .. 84 15 0 84 10 0 LeadSpot .. .. 94 9 6 98 15 0 Forward .. " 94 0 0 23 12 6 I SpelterSpot .. .. 96 15 0 96 18 • Forward .. .. 26 15 0 26 11 8 Tin — Spot .. .. 190 9 6 196 6 8 Forward .. .. 201 18 10| 201 1 8 Silver— Standard, oz. .. 25 3-16 d 25 3-16 d Fine, oz. .. ..2(7 9-l6d 27 S-16d —Australian Press Association, United Service. LONDON WOOL SALES. ! LONDON, May 16. Amended figures regarding the wool Sales estimate that about 40,000 bales were sold to the Home trade. The quantity held over included 26,000 bales, which were not offered. —Australian Press Association. The National Mortgage and Agency Co. of New Zealand, Limited, have received the following cablegram from their London office:—"The auctions closed here to-day. Compared with opening rates, we quota: Greasy merino, best la lower, average Id lower; greasy balfbteds, 50-56 Id to 2d lower, greasy crossbred*, 48-50 id to id lower, 46-48 id to Id lower, 44-46 W lower, 40-44 |d lower, 86-40 Jd lower. 1 Slip© halfbred lambs par to 5 per cent, lower, medium and coarse slipes so change. Scoured merinos and crossbreds, good damaud at opening rates." The New Zealand Loan and Mercantile Agency Company, Limited, have received the following cablegram from London, under date 13th inst.: Wool Sales—Sales closed this day. As compared with last sales closing rates, prices are lower about par to 5 per cent, for coarse greasy crossbred, lambs merino, scoured merino super, and crossbred slips. Lower about 5 per cent, for scoured merino medium, greasy crossbred lambs, secured merino inferior, fine crossbred elipe, and medium greasy crossbred. Lower about 5 per cent. to H per e»nt. foj greasy merino. Crossbred eenured is about par. The prices realised for average to super grades of descriptions as below ara as fol-lows-.—Merino, super 20d to 23d, avsr»«e 17d to 1M; crossbred, 56-5# 19d to 22d, SO-S6 I®*L to 19d, 48-50 16d to 174 d, 46-46 ISid to l'4i 44-46, 14£ d to 16d, 40-44 14d to IBfcL BMO 14d to Ud.