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BANK OF ENGLAND RETURN

Australian-New Zealand Cable Association. London, Ja.nuary 11. The nt England return for the week ended January 1(1, is as under:— Tssr-v Depmitment. Notes issued £122 4)5.000 Gov. debt ... £11,015.000 Other sccuriNotes in ties reserve 21.652.001 Gold 125.658.000 £144107,000 £144,107 03 Ranking Department. Proprietors’ Gov. securicapitnl ...£14553.0u0 tie5£65.672.000 Public de- Ollit-rsecuri-posits •• 13.574.000 tics 65-173,000 Other deposits ...122.737.000 .Notes in Rest. 7-ilny reserve ... 21.652.000 nnd other Coin in bills ... 3-462.000 reserve - 1.829.000 £154328,000 £154.326,000 The leading items of the Bank of England return afford the following comparison:— This week Last week Lnst year .6 £ Bullion 125.6n8.000 125.R08.0C0 126.618.000 reserve 23.481.000 21.880.CXX) 23276.000 Note Circulation 122.455.000 124.053.000 123.627.000 Public Deposits... 13.574.000 12.017.000 15.601.001 Other Deposits... 122.737.000 144,862.000 129'687.000 Proportion of reserves to nubilities ... 17.22 13.87 15-90

MONEY MARKET. The Bank of England discount rate is 3 per cent., to which it was reduced from 3J per cent, on July 13. OPEN MARKET RATE. The open market rate for three months bills is nominally 2i per cent.,, as 'compared with 23 per cent, last week, and 34 per cent, last year. Short loans are quoted at 1J per cent., as against 1J per cent, last week and 3J per cent. last vear

GOVERNMENT SECURITIES. Foliowine are latest quotations for Imperial and Colonial Government securities. Stock This Week d c _____ £ 8. 1. £ a. 1. H‘/. Imperial Consols 56 0 0 55 17 6 5 „ War Loan 100 10 0 100 10 0 3J„ War Loan 0 0 05 12 6 36 „ Conversion Loan 75 15 0 75 2 6 oj.., Aus.-Comnwnwealth 101 2 6 100 5 0 0 ,. Ana-Commonwealth 106 0 c 105 12 6 4 „ N.S.W, 1933 Jan.-July 88 10 0 88 2 6 3 „ N.S.W. 1925 Apl.-Oct. 73 15 0 78 0 0 34 N.S.W. 1930-50 Ja.-Jly. 74 2 6 73 10 0 51 . N.S.W 1922-32 May-No. 101 10 0 10! 0 0 C .. N.S.W. 19‘J2-32May-N ’04 12 6 104 7 6 64 „ N.S.W. 1930-10 Fe-Au, 107 0 0 “106 10 0 3j„ Vic. 1921-6 Jan.-July 96 0 0 96 0 0 34,, Vic. 1929-19 Apl.-Oct. 1'7 y 6 77 0 0 3 „ Vic. 1929-49 Jan.-July to 0 0 69 15. 0 54,, Vic. 1930-40 Jan.-July 103 5 0 103 0 0 34.. S.A- 1939 Jan.-July 10 1'2 6 80 0 0 31.. S.A. 1916 Jan-July (1 7 0 61 2 6 64 „ S.A. 1930-40. Feb-Aug. 117 0 0 “106 10 0 4 , QTd. 1924 Jan.-July C6 r, 0 96 10 0 3.) „ QTd. 1030 3 .. QTd. 1922-47 Jnn.-Jly. 66 0 0 85 12 6 63 0 0 65 0 0 6 „ QTd 1930’40, Feb-Aug. 103 5 0 '103 5 0 4 N.Z. 1029 May-Nov. 91 15 0 94 5 0 3i„ N.Z. 1940 Jan -July 82 0 0 81 0 0 3 N.Z. 194;> April-Oct. 73 15 0 73 5 0 6 N.Z. 1936-51. Feb.-Aug. 108 0 *108 0 0 34,, W.A. 1920-35 My.-Nov. 81 17 6 8i 7 6 3 „ W.A. 1915-35 My.-Nov. 77 19 6 77 17 6 6 ., W.A. 1930.40, Jan.-July 104 0 0 103 10 0 3A„ Tas. 1920-40 Jan.-July 81 10 I) 81 0 0 3 „ Tas. 1920-40 Jan.-July 73 0 0 73 0 0 .. Tas. 1930-40. Feb.-Aug. 107 0 0 “107 0 0 •Ex interest.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/DOM19230115.2.92

Bibliographic details

Dominion, Volume 16, Issue 101, 15 January 1923, Page 10

Word Count
543

BANK OF ENGLAND RETURN Dominion, Volume 16, Issue 101, 15 January 1923, Page 10

BANK OF ENGLAND RETURN Dominion, Volume 16, Issue 101, 15 January 1923, Page 10

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