BANK OF ENGLAND RETURN

Dominion, Volume 14, Issue 304, 17 September 1921, Page 10

BANK OF ENGLAND RETURN

Australian-New Zealand Cable Association. (Rec. September 16, 6.5 p.m.) London, September 15 The Bank of England return for the week ending .September 14 is as under:— Issrr. Di'.rxivrMKNT. Notes issued £125-208.000 Gov. debt... £11.015.000 Other seourlNotes in ties 7.434.000 reserve 20.103.000 Gold 126,052.000 £145,401.000 £145.401.000 BANEINO DnrAHTMKN't Proprietors' Gov. securlcapital ...£14.553.000 ties ... £0.1.242.000 Public do- Other secnrl"osits ... 15.063.000 ties 79.810.000 Other de- „ . Voells ...129.648.000 Notes in Rett, f-day reserve ... 20.193,000 and other Coin in bills — 3.551.000 reserve ... 1.460.060 £162.705.000 /162.705-000 Tho leading items of the Bank of England return afford the following comparison :— This week Last week Last year Bullion . ... 126,952 M 0 126 689.000 121.558.000 Reserve - 21.653,000 50.428.000 16.879.C00 Note Circulation 125.208.000 126,433.000 125.16-5.000 Public Deposits 16.053-000 15 471) 000 15.202.000 Other Deposits 129.543.000 1-10,370.000 122,675-000 Proportion of reserves to liabilities 14.96 13.0 b 11-u9 GOVERNMENT SECURITIES. Following are latest quotations for Imperial and Colonial Government securities.

•Ex interest. MONEY MARKET. The Bank of England discount rate, which was rained from 6 per cent., to 7 per cent, on April 16. 1920. was ieduced to 61 per cent, ou April 25. 1921. further reduced to 6 per cent, on June 22, 1921, and again reduced to 51 per cent, on July 20, 1921. OPEN MARKET RATE. The open market rate for three months’ bill la nominally 46 per cent., as compared with 41 per cent last week and 63 per cent, last year. Short, loans are quoted at 33 nor cent, as against 3? per cent, last week and 5j per cent last year. ' MINING NEWS WELLINGTON SHARE MARKET. The mining quotations recorded yesterday were as under:— Buyers. Sellers. £ s. d. £ s. d. Blackwater Mines 0 6 0 Mt. Lyell 0 13 8 — Waihi t 1 3 - STOCK EXCHANGE. By Telegraph.—Press Association. Auckland, September 16. Sale—Bank of New Zealand, 495. 3d. Salos reported—National Bank. £5 10s.; Kaiapoi Wool (IDs. paid), 10a. 6d. Christchurch, September 16 Bales reported. —Government 4J per cent. Bonds (1938), £B3 10s.; New Zealand Shipping Company 6 ver cent., cum div. (preference), £lO. LONDON STOCK EXCHANGE Australian-New Zealand Cable Association. London, September 16 P. and O. deferred, buyers £360, sellers £370

Thia Last Stock VTeek Week o i B. 0. £ ». <1. »'% Imperial Congo!* 48 0 0 "47 17 6 5 „ War Loan 08 17 6 88 6 0 H .. War Loan 88 ‘2 6 H7 10 0 Gi „ Auu.-Commonw th 00 7 6 09 5 0 5i Aua.-Commonw th 09 7 6 05 12 6 < .. N.fl.W.1933 Jan-Jnlj 77 7 6 77 10 0 J „ N.8.W. 1985 Apl.-Oct 06 15 0 "07 5 0 8k, W.8.W.1930-50 Ja-Jy 63 5 0 63 7 6 51.. NSW 1922-32. Muy-'N 07 5 0 07 5 0 6i NSW 1930-40.Fe-Au 102 17 6 102 17 6 < Ji „ Vic. 1921-6 Jan-Jly 80 0 0 88 6 0 51, Vic. 1929-49 Apl.-Oot 63 2 6 *68 5 0 J „ Via. 1929-49 Jan.-Jul 67 2 6 67 7 6 3i „ 8.A. 1939 Jau.-Jly 68 5 0 68 10 0 34 „ 8.A. 1916 Jan.-Jly 51 15 0 AS 0 0 4 .. QTd 1924 Jan-Jly 00 0 0 SO 0 0 5* „ QTrh.922-47 Jan.-Jly 89 0 U SU 0 0 S .. QTd 1922-47 Jan.-Jl; 56 0 6 56 0 0 4 ,, N.Z. 1929 May-Nov. 8'6 0 C 65 12 6 31 N.Z. 1940 Jan-Jly 70 0 0 79 0 0 I .. N-Z-1920 Ap’-il-Oct. •60 12 6 *60 12 a 51 „ W.A. 1916-35 My-Mr 72 0 0 72 U 0 5 .. W .A. 1915-35 My-Nov 68 15 0 10 0 35 .. Tao. 1920-40 Jan-Jly 69 0 0 60 6 0 3 .. Ta» 1920-40 Jan.-Jnlj 61 0 0 63 0 a