THE MONEY MARKET

Dominion, Volume 34, Issue 127, 22 February 1941, Page 5

THE MONEY MARKET

Bank Of England Return (lly Telegraph.—Press Assn. —Copyright.) LONDON. February 20. The Bank of England return lor the week ended February 10 is as follows.

GOVERNMENT STOCKS London Prices Easier (By Telegraph. —Press Assn. —Copyright.) LONDON, February 20. The following table gives the mean Stock Exchange quotations for consols and colonial inscribed stocks compared with

Dunedin Wool Return (By Telegraph—Press Association.) DUNEDIN, February 21. At the third Dunedin Wool Appraisement which commenced on January -S, •\S2$4 bales were appraised The total gross proceeds were £497,050/16/8 and the average price per bale was xll/l</t>. Tin And Rubber Prices (By Telegraph.—Press Assn. —Copyright.) LONDON, February 20. The price of tin is quoted as follows:— Spot, buyers £279 n ton. sellers "12 10/-; forward, buyers £275, sellers Lit) is, quoted at 13 l-32d. a lb. . Gold Mining Returns Wellington Alluvials Ltd. reports that during the four weeks- ended February 1 the dredge worked 478 hours handlm„ 239.000 yards of material and bullion estimated to contain 55;> ounces of fine gold. Operating hours were seriously curtailed through flooding of the Macquarie River and to ensure its safety the dredge was turned off its course away from the main lead. (By Telegraph—Press Association.) GREYMOUTH, February 21. The Maori Gold weekly return was 470 z. 15dwt. of retorted gold from yards in 118 hours. Dow Jones Averages ’ CBv t’eiegraph—Press Assn.—Copyright.) NEW YORK, February 20. Dow Jones averages (1926 equals 100) nud turnover ou the New York Stock Exchange compare as follows: —

Fruit And Vegetable Prices Prices of fruit and vegetables in the Wellington markets last Thursday are quoted by -Market Gardeners Ltd., as follow :— Quinces 8/6 to 13/6, tomatoes 4/- to 9/3, tomatoes, Bayview. 2/6 to 3/-, damsons 6/- to 10/-. peaches 6/- to 9/6, plums 7/- to 8/9, Cape gooseberries 8/-,nec-tarines 9/- to 11/3, grapes 1/- to 1/5 per Beetroot 2/6 to 6/-, celery 6/- to 19/-, carrots 7/6 to 15/-, radish 1/- to 3/-, leeks 8/6, parsnips 8/- to 12/6, rhubarb G/- to 10/-, pumpkins 12/- to 28/-. watermelon 19/- to 36/-. Marr.ows 2/- to 2/6, cabbage 2/- to 2/6, cucumbers 2/- to 3/-, parsnips 7/- to 10/-, carrots 14/-to 24/-, swedes 4/- to 5/3, beans 3/- to 15/6, silver beet 4/- to 5/-, beetroot 2/- to 3/6. spinach 2/6 to 9/9. celery 4/-, lettuce 2/6 to S/6, red cabbage 2/- to 2/6, all per case. ■ ■ _, Peas 3/- to 11/6. cabbage 3/- to ;>/-, pumpkins 8/- to 12/6, potatoes 6/- to 8/-, all per sack. Onions 11/- to 12/- per cental. Wellington Poultry Prices Prices of live poultry in the Wellington markets on Thursday are quoted by Townsend and Pajil Ltd., as follows:— , White Leghorns: hens, 2/3 to 3/each; cockerels, 1/- to 1/2 lb.; pullets (best). 6/- to 8/- each; (others), 4/- to 6/-; Black Orpingtons: Hens (heavy), 4/- to 6/-; (medium), 3/- to 4/-; cockerels (heavy). 1/- to 1/2 lb.; (medium), 1/- to 1/2: Rhode Island Reds: Cockerels (heavy), 1/- to 1/2 lb. Ducks: Indian Runner (young), 3/- to 5/- each; (old), 2/- to 3/-; White (young), 4/- to 5/-: (heavy), 4/- to u/-. Geese: 5/- to 7/6. Turkeys: 1/2 to 1/4 lb.

Issue Department, o £ Notes isued: ~ Govt. debt. 11,00,0000 In tircu - Other Gov„. nfin( . latiou 001,-100,000 securities 61.1,800,000 In bank- otherseculug dept. 28,800,000 rities . o,.00,000 Silver com — »c 630,000,000 Gold coin & bullion 200,000 £630,200,000 £ 630,200,000 •Amount of fiduciary issue. Banking Department, £ ~ Capital 11.500,000 Govt, secuRest 3,500,000 rities la-, 100,000 Deposits: Discts., adPublic 31,700,000 vances J.bOO.wu Bankers 103,500,000 Other secuOther acs 52.400,000 rities 10,100,000 coin 30,000,0<M)l) £205,000,000 £ 203,600.000 Proportion of reserve to liabilities, to.ov per cent., compared with 13.13 per cent. 13 The'principal items of the above return compare as follows with those of last wcek: " Feb . 12. Feb ? 19. D public S: 23,000,000 31,700,000 Bankers ' 110,600,000 103,500,000 Other accounts - 55,200,000 400,000 £180,700,000 £187,600,000 134,000,000 152,100,000 Discts., advances . 3,i00,000 ,;J>£W.uuv Sve #,w- wW Note circulation .. 602,000,000 CO1 Gold coin & bullion 200,000 200,000

those of February 13:Price. i: s. d. Variation. £ s. d. Consols. 21 i'.c. ••• 7-7 10 0 same Fund. Loan, 4, 1960-90 113 10 0 V o War Loan, 31. 1952 . 103 10 0 same Conv. Loan, 3f, 1061 . 104 10 0 same Victory Bonds, 4 p.e. 111 0 0 same C’wealth, 5, 1945-75 . 103 12 6 1 2 C’wealth, 4. 1943-48 . 101 15 0 0 101 C’wealth, 31, 1948-53 . 100 10 0 1 < 6* C’wealth, 31, 1956-61 . 95 12 6 C’wealth. 3, 1955-58 . 93 15 0 0 12 6* N S.W., 31, 1930-50 . . 99 15 0. Victoria, 3. 1929.49 .. 96 i) 0 0 JO Victoria, 4|, 194<L60 . Victoria, 5, 1945-75 101 103 o 0 6 0 2 0 15 0* (5* 6* ot Q’land, 3, 1922-47 .. Q’land, 5, 1940-60 .. S Aust.. 3, 1016 (opt.) 97 102 i 7S *7 15 0 6 0 0 17 0 2 0 15 S. Aust., 5, 1945-75 .. 103 10 0 0 lu 6* W. Aust., 4, 1042.62 .. 100 10 0 Tasm., 4, 1940-50 .. \-7. 44. 10-1S-5S .... XZ., 3* 1045 101 103 98 0 10 0 0 0 0 5 1 0 0 15 0* 0* tHlgher. •Lower.

20 Kail 30 industrials Shares sold. I<’ph S .... 31.46 148.40 870.000 Mar. 6 .... 31.01 147.97 860.000 May 2 June 24 .... 30.60 147.76 650,000 .... 25.71 .... 26.92 123.76 126.14 470.000 560.000 126.36 120.000 Sept. 3 .... 28.00 .... 29.37 129.74 134.97 540.000 770,000 .... 29.22 134.S5 170,000 Dec. 3 J a u. 6 .... 28.00 .... 28.40 130.78 132.83 150,000 720,000 Feb. 4 .... 28.09 122.63 350,000 Feb. 14 .... 25.61 117.66 930,000 Feb. .19 26.56 117.91 170.000 Feb. 20 . .:. 27.09 119.99 450.000