BANK OF ENGLAND RETURN

Press, Volume LXXI, Issue 21656, 14 December 1935, Page 14

BANK OF ENGLAND RETURN

(mrrrzs puss association — coptbiont.) LONDON, December 12. ' The following Is the Bank of England return for the week ending December 11: ISSUE DEPARTMENT* Notes Issued — Govt, debt 11,015.100 In circula- Other Govt. tion 410.930,885 securities 246,356,702 Tn hank- Other secuing dept. 48.478.502 \gg* Fiduciary issue 260,000,000 Gold coin & bullion 199,409,387 i Total 459,409,387 Total 459,409,387 BANKING DEPARTMENT £ £ Proprietors’ Govt secucapital 14.553,000 rities 84,212,941 The rest 3,349,435 Other secuPublic de- rities—posits 6,842.570 Discounts Other de- and ad- , nn _ Qpn7 posiis— Vinces 10,079,807 Bankers’ 94,387,267 Securities 12,911,585 Other acs. 37,204,168 Notes .. 48,478,002 Seven-day Gold and and other silver coin 653,605 bills .. Total 156,336,440 Total 156,336,440 Proportion of reserve to liabilities, 35.40 per cent.; short dated bills* 2 per cent.; three months’ bills, 43-64 per cent. FOREIGN EXCHANGES (BBITISH OFFICIAL WIBELESS.) RUGBY, December 12. Par. Dec. 11. Dec. 12. Paris, fr. to £1 124.21 74 19-32 74 29-64

foreign exchange rates The Bank of New South Wales, Christchurch, quoted the following rates as ruling yesterday for its sales and purchases of foreign exchange. The rates are subject to alteration without notice:— Buying. Selling.

DOLLAR MARKET RATES The Associated Banks (other than the Bank of New South Wales) quoted the following dollar rates yesterday on a New Zealand currency basis. They are subject to alteration without notice:— U.S.A. Canada, (per £1 N.Z.) (per £1 N.Z.) Dol. Dol. .. 3.94 J 3.991 O.D. .. .. 3.954 3.993 BUJ ar .. GOVERNMENT SECURITIES LONDON, December 12. The following are the latest quotations for Government securities compared with the prices ruling last week:—

New York, 4.923 4.923 dol. to £1 4.866 Montreal, 4.98 4.97J dol. to £X 4.866 Brussels, 29.20 29.20 belgas to £1 33 Geneva, fl. to £1 25.2215 15.20 15.173 Amsterdam, 7.27J 7.27 fl. to £1 12.107 Milan, lire to £1 92.46 — . — Berlin, reicb12.243 12.24 marken to £1 20.43 Oslo, kr. to £1 18.159 19.903 19.903 Stockholm, kr. to £1 18.159 19 9-16 19 9-16 Copenhagen, kr. to £1 18.159 22.393 22.393 Vienna, schgs. 263 263 to £1 34.535 Prague, kr. to' £1 164.23 1183 1183 Helsingfors, marks to £1 193.23 2265 2265 Madrid, pesetas £1 25.2215 36 35 15-16 Lisbon, escudos 1105 1105 to £1 110 Athens, drach 512 519 1 to £1 875 Bucharest, 629 630 lei to £1 818.6 Belgrade, dinars 25.2215 21.6 21.6 Rio de Janeiro, pence to milreis 5.899 43 43 Buenos Aires, pence to dol. 47.58 — Montevideo, 39 11 -16 393 pence to dol. 51 Bombay, pence to rupee 19 17 15 -16 17 15-16 Shanghai, pence to dpi. Hong Kong; pence to dol. • • .14 9-16 165 143 15 15-16 pence to yen • 14 14 1-64 Batavia, guilders 12.107 7.233 7.233 Warsaw, par 43.38 26.12 zlotys to £1 — ♦Determined by price of silver.

London— £ N.Z. to £100 stg. T.T O.D 124 123/10 124/10 124/8/9 Australia— £ A. to £100 N.Z. T.T 101 100/10 OD 101 100/10 Fiji— £ F. to £100 N.Z. T.T 90/7/6 89 O.D. 90/7/6 89 New York— 3.981 3.94J Dollars to £1 N.Z. T.T. O.D. 3.995 3.955 Montreal — 4.023 3.995 Dollars to £1 N.Z, T.T. O.D. 4.04 3.993 Austria — 20.68 20.70 Schgs. to £1 N.Z. T.T. O.D. Belgium— Belgas to £1 N.Z. T.T, O.D. - 23.155 23.170 Czechoslovakia— 94.93 94.98 Crowns to £1 N.Z. T.T. O.D. r Denmark — Kroner to £1 N.Z. T.T. 18.208 17.878 O.D. 18.248 17.888 France— Francs to £1 N.Z. T.T. 60.45 59.15 . O.D. 60.75 59.20 Germany— to £1 Reichmarks T.T. 9.618 N.Z. — O.D, — 9.623 Holland— 5.974 5.724 Florins to £1 N.Z. T.T. O.D, 6.024 5.728 Italy— N.Z. T.T. Lire to £1 — — O.D. — — Java— Florins to £1 N.Z. T.T. 5.919 5.694 O.D. 5.969 5.693 Norway— Kroner to £1 N.Z. T.T. 16.200 15.870 O.D. 16.240 15.880 Sweden — Kronor to £1 N.Z. T.T. 15.790 15.460 O.D. 15.830 15.470 Switzerland — Francs to £1 N.Z. T.T. O.D. 12.413 12.488 12.013 IQ .023 Noumea — Francs to £1 N.Z. T.T. 61.40 58.40 O.D. 61.80 58.45 Papeete— Francs to £1 N.Z. T.T. 61.40 58.40 O.D. 61.80 58.45 Hong Kong— 20 19 31-32 N.Z. pence to dol. T.T. 183 O.D. 18| India and Ceylon— T.T. O.D. 228 225 22 23-32 22 21-32 N.Z. pence to rup. Japan— N.Z. pence to yen T.T. O.D. — 17 43-64 17 21-32 Shanghai— N.Z. pence to dol. T.T. O.D. 17 17-64 17 9-64 18 37-64 18 9-16 Singapore— N.Z. pence to dol. T.T. O.D 34 11-32 35 9-32 34 7-32 35 7-32 T T. represents Telegraphic Transfer. O.D. represents On Demand.

Dec 5. Dec. 12. £ s. d. £ s. d. British— Consols 87 0 0* 86 15 0 Funding Loan, 4 per cent. 117 15 0 117 10 0 War Loan, 4 p.c. 106 10 0 106 5 0 Con. Loan, 3i p.c. 108 0 0 107 10 0 Victory Bonds, 4 per cent. 116 0 0 116 0 0 Commonwealth — 5 p.c., 1945-47 .. 110 15 0* 110 16 3 3J p.c., 1936-37 .. 104 12 6 104 12 6 4 p.c., 1943-48 .. 103 7 6 103 7 6 32 p.c., 1948-53 .. 101 16 3 102 6 3 34 p.c., 1956-61 .. 98 13 9 09 13 9 New South Wales— 3i p.c., 1930-50 .. 100 2 6* 100 12 6 4i p.c., 1933-45 ■.. 100 5 0* 100 10 0 5 p.c., 1935-55 .. 101 10 0 101 13 9 Victoria— 3 p.c., 1930-40 .. 98 2 6* 98 1 3 4g p.c., 1940-60 .. 105 0 0* 105 2 6 5 p.c.. 1945-75 .. 110 5 0* 110 7 6 Queensland — 3 p.c., 1922-47 .. 98 7 6* 98 5 0 5 p.c., 1940-60 '.. 107 10 0 107 7 6 South Australia— 3 p.c., 1916 or after 87 15 0* 83 0 0 5 p.c., 1945-75 .. 110 15 o» no io 0 Western Australia— 4 p.c., 1942-62 .. 108 10 0* 101 1 8 Tasmania— 31 p.c., 1920-40 .. 102 10 0* 102 8 0 4 p.c., 1940-50 .. 101 10 0* 102 f 6 New Zealand — 4i p.c., 1948-58 .. 109 10 0 107 0 0 81 p.c., 1940 103 0 0* 102 IS 8 8 p.c., 1940 99 8 • 99 11 3 • D.C.. 1936-51 .. 104 3 • 104 If • •fix Inter ait