BANK OF ENGLAND RETURN

Press, Volume LXXXIII, Issue 25080, 11 January 1947, Page 8

BANK OF ENGLAND RETURN

(N.Z. Press Association—Copyright) 4 LONDON, January 9, The Bank of England return for th« week ended January 7, is as fellows : Issue Department

Mining Quotations. —Quotations in London are:—North Broken Hill, 57s 9(1; South Broken Hill. 27s 3d; Zinc Corporation, 98s 3d; New Broken Hill, 34s 6d; New Guinea Gold, 2s 3lfcd; Emperor, 10s 9d. ■ SYDNEY STOCK EXCHANGE The progressive freeing of the Sydnay share market is bringing an increasing number of sellers and causing the turnover to reach levels not seen since prewar days. Trading was distributed over a wide range of industrial securities, with prices on the whole showing a firming trend. Sales.—Bank of New South Wales, £4O 10s; Commercial Bank of Sydney, £26 19s; Commercial Bank of Australia. 23s 6d; National Bank (£5 paid), £7 18s; Associated News (pref.), 245; Austral Gas (A), £7 12s 6d; Tooths, 76s 3d; Wool worths, 28s; Dunlop, 32s 6d; Farmers, 46s 3d; Anthony Hordern, 28s 9d: Stedmans, 2fe; Morts Dock, 25s 3d; Australian Paper, 38s; A.C.1., 565; Bradford Cotton, 535: Hume Pipe (pref.), 325; Felt and Textiles, 58s 9d; Goldsbrough, 34s 7Jd; Winchcombe Carson. 38s 6d; Wilcox. Mofftin, 17s; Colonial Sugar, £52: Fairy mead Sugar, 35s 6d; Broken Hill Proprietary, 475; Broken Hill North, 70s; Rawang, 9s 6d. Rangiora Horse Fair.— Only 28 horses were yarded at the Rangiora horse fair yesterday. Most were of medium quality only, and the demand was mainly for good sorts. Good draughts made up to £ 14 10s, hacks up to £l9, and ponies up to £25. Unbroken draughts brought from 30s to £5.

£(000) £(000) Notes in Govt. circuladebt 11.000 tion .. 1,402,000 Govt. 1,438,100 In banksecs. .. ing Other dept. .. 48,200 sees. .. 900 Gold coin zn — ■ i —A. £1,450,200 : 1,450200 ■ - Banking Department £(000) £(000) Liabilities— Assets— Capital 14,500 Govt. Rest .. 3.600 secs 321200 Public Discounts deposits 13,900 advan• 17,700 Bankero* ces balOther ances 314.500 secs. 18,100 Other Notes and acs. 59,800 coin 49,300 ■ — £406,300 ■' , 1 Ratio of reserve tc liabilities, 12.7 per cent. The discount rate remains unchanged at 2 per cent. LONDON MARKET LOAN PRICES LONDON, January 0. Prices of British Government and Dominion loans, compared with those of January 1:— £ «. d. £ s. d. Jan. 1. Jan. 8. Consols, 2>,i p.c. 98 12 6 98 18 9 Funding Loan, 4 p.c. 1960-90 121 10 0 121 12 • War Loan, 3J p.c.. 1952 108 1 3 108 12 1 Conv. Loan, 3J p.c.. 1961 114 2 6 115 6 8 Victory Bonds, 4 p.c New Zealand, 4J p.c.. 123 6 3 123 10 0 1948-58 .. 104 13 9 104 12 0 New Zealand, 3 p.c.. 1952-55 .. 104 12 6 105 3 9