BANK OF ENGLAND RETURN

Dominion, Volume 14, Issue 244, 9 July 1921, Page 10

BANK OF ENGLAND RETURN

■ ♦ Australian-New Zealand Cable Association. (Rec. July 9, 0.30 a.m.) London, July 7. The Bank of England return for the week ended July 6 is as under:— ISSUK DKrARTMRNT. Notes issued i1290C8.000 Gov. debt... £11,015,000 Other socuri-

GOVERNMDNT SECURITIES. Following are latest quotations for Importal and Colonial Government securities.

MONEY MARKET. Tho Bank of England discount, rate, which was raised from 6 per cent, to / per cent-, on April 16.. 1920, was i educed to 6) per cent, on April 26, 1921, and finther reduced to 6 per cent- on June 22, 1921 ' OPEN MARKET RATE. The open market rate for three months’ bill is nominally 5 5-16 per cent, as compared with 51 per cent, last week and 63 per cent, last year. .Short loans are quoted at 44 per cent, as against 5 per cer> last week and 51 per cent, last year.

Notes in reserve 18.903.000 ties 7.434.000 Gold 126,552,000 iU5.001.000 £145,001.000 Banking Department. Proprietors' Gov. securicapital ...£14.553,000 ties ... £63,708.000 Public deOther securiposits ... 19.720.000 Other deties 85,102.000 posits ...120.041.000 Notes in Rest. 7-day reserve ... 17,093,000 and other Coin in bills ... 5.206.000 reserve ... 1.717.0C0 £168.610,000 £168,610.060 The loading items of the Bank of Englaud return afford "the following cornparison:— This week Last week Last year X £ £ Bullion 126,562 000 125 651.000 110,485.000 Reserve ... 17.710,000 17,810.000 16.444.COO Note Circulation 120.008.000 129,006.000 122.744.000 Public Deposits 10.72'1.000 15.297-000 17,888,000 Other Deposits 129.041 COO 131,740.000 117,035 000 Proportion of reserves to liabilities 11.00 12.10 12.20

Stock This IV eek Last Week 1'% Imperial Coaioli £ b. d, <8 0 0 £ s. d, <8 0 0 6 „ War Loan 88 5 0 68 10 0 Ji .. War Loan 87 0 0 87 10 0 6i „ Aue.-Coniiuonir’th f)9 7 6 90 12 6 54 „ Aue.-Commonw’th 04 0 0 04 5 0 4 „ N.B.W. 19.53 Jan-July 75 17 6 75 12 6 6 „ N.S.W. 192!i Apl.-Oct 67 10 0 67 6 0 Jj „ N.B.W.1950-50 Ja-Jy 63 7 6 64 0 0 53 NSW 1922-52. May-N 95 15 0 95 12 6 6i NSW 1930-40.Fe-Au 100 0 0 103 0 0 it ,, Vie. 1921-6 Jan-JIy 86 17 6 86 5 0 34 „Vio. 1929-49 A pl.-Oct 63 10 0 63 10 0 3 „ Vic. 1929-49 Jan.-Jul 66 10 0 56 0 0 3i S.A. 1939 Jau.-Jly 67 10 67 15 0 3 S.A. 1916 Jan.-Jly 52 0 0 62 5 0 4 .. QTd 1934 Jan-JIy to 19 6 80 7 6 44 ,. Q\'<il922-47 Jan.-Jly 87 15 0 87 15 0 3 „ QTd 1922-47 Jan.-Jl; 66 15 0 56 10 0 4 ., N.Z. 1929 May-Nov. 85 0 0 64 15 0 3i .. N.Z. 1940 Jan-JIy 60 10 0 60 0 0 3 .. N.Z. 1920 April-Oct. 69 15 0 60 0 0 u .’. W.A. 1915-36 My-Nv 72 10 0 72 0 0 3 .. W.A. 1915-35 My-Nov 68 0 0 68 0 0 34 „ Tas. 1920-40 Jan-JIy 68 10 0 67 10 0 j .. 1’as 1920-40 Jan.-July 63 0 0 63 0 0