BANK OF ENGLAND RETURN

Press, Volume LXXIV, Issue 22337, 26 February 1938, Page 14

BANK OF ENGLAND RETURN

LONDON, February 24. The following Is the return for the week ended February 24: ISSUE DEPARTMENT to Sing department .. 51.900.000 526,400,000 Government debt .. .. H. 000,000 Ottier Govt, securities .. 188 '^-™ u l Other securities .. •• 700.00 J Silver coin •• •• Firfuriarv issue .. •• 200,000.000 Gold coin andbullion .. 326,400,000 526,40T>,000 BANKING DEPARTMENT ranltal .. ■• •• 14,500,000 capital 3,700,000 linl^ s deposits '.. ".. :: iSSSB3BB Other accounts .. •• 35,600,000 176,100,000 Government securities .. 9 2'f2S*22S Discounts and advances .. ,®'=™'2SS Other securities .. •• "•^gg'SSg Notes and coin .. -• 52,700,000 176,100,000 Thp ratio of reserves to liabilities is 33.35 "per cent. The rate of discount is unchanged at 2 per cent. GOVERNMENT SECURITIES (T7HTZD PBBS» 4.BSOCXATIOH—COPT»IOItT.>

MELBOURNE The market yesterday was inclined to react on the easier tone oversea. Dunlops rose on the expectation of a«n increase in dividend. Sales: — _ £ s. d. Commercial Bank of Australia 016 9 National Bank (£5 paid) .. 7 3 0 G. J. Coles .. •• 4 3 3 Drug Houses .. • • } 5,9 Dunlop-Pedriau .. .. 1 311 Mount Morgan .. •■ 0 911 Mount Lyell .. •■ 111 3 Broken Hill Pty. .. ... 3 2 0 North Broken Hill .. •• 210 9 Gold .. •• 0 12 6 Lolomo .. • • • • 10 9

LONDON ', February 24. The following ar« s the latest quotations for Government securities compared with the prices ruling last weeK:— Feb. 17. Feb. 24. £ s. d. £ s. d. British — Consols 77 15 0 78 0 0 Funding Loan, 4 p.c, 1960-90 .. 114 0 0 111 0 0* War Loan, 31 p.c. 103 0 0 103 10 0 Con. Loan, 3J p.c. 103 15 0 102 10 0* Victory Bonds, 4 p.c. 112 10 0 111 0 0* Commonwealth — 5 p.c. 1945-75 108 7 6 108 12 6 4 p.c, 1943-54 103 7 6 103 15 0 3J p.c, 1934-53 101 0 0 101 2 6 3J p.c, 1936-47 .. 93 5 0 93 12 6 3 p.c, 1958-60 90 0 0 90 10 0 New South Wales— 41 p.c, 1935-53 98 7 6 98 10 0 Victoria— 3 p.c, 1929-40 95 1 3 95 8 9 42 p.c, 1940-50 104 7 6 104 7 6 5 p.c, 1945-75 .. 108 2 6 108 5 0 Queensland— 3 p.c, 1932-47 • 96 2 6 96 8 9 5 p.c. 1940-60 107 0 0 106 17 6 South Australia— 5 p.c, 1942-62 108 7 6 108 10 0 3 p.c, 1945-75 79 5 0 79 7 6 Western Australia— 1 4 p.c, 1942-62 101 3 9 101 2 6 Tasmama31 p.c, 1938-40 .. 4 p.c, 1940-50 102 101 0 7 0 6 102 3 9 101 15 0 New Zealand— 41 p.c, 1943-58 3J p.c, 1940 3 p.c, 1945 103 8 101 7 97 15 9 6 0 103 13 9 101 6 3 97 12 6 •Ex interest.