THE MONEY MARKET

Dominion, Volume 35, Issue 8, 4 October 1941, Page 4

THE MONEY MARKET

Bank Of England Return (By Telegraph.—-Press Absu. —Copyright.) LONDON, October 2. The Bank, of England return .for ..the week ended October 1 is as follows:— Issue Department.

Mount Morgan, Ltd. Mount Morgan, Ltd., has advised the Stock Exchange Association that the estimated working surplus for «n Ur weeks ended September 24 was £13,0b0. Stock And Share Indices (By Telegraph.—Press assn.-Copyright.) LONDON, October 2. “Finaneisl Times" stock and share indices, with previous ‘RO^ 1 . 0 . 1 ’ 6 - are (October 15. 1926. equals 1000).— Govt. Home Indus- Gold

Dow Jones Averages (By Telegraph.—Press Assn-—Copyright.) NEW YORK, October 2. Dow Jones average i 11)26 equsls IOO* and turnover on the New York Stock Exchange compare as follows: —

Tin And Rubber Prices (By Telegraph.—Press Assn.—Copyright.) LONDON, October 2. The price of-tin is quoted as follows: Spot, buyers £256 a ton, sellers £256/u./-; forward, buyers £260/15/-, sellers £2bl. Rubber is quoted at 13 11-16 d. a lb.

Notes issued; In circulation 677,800,000 Ji Govt, debt 11,000,000 Other Govt. securities 716,400,000 Ing dept. 5’2,400,000 Other securities 2,100,000 Silver coin 500,000 *.£730,000,000 Gold coiu & bullion 200,000 £730,200,000 £730,200,000 -Amount of fiduciary issue. Banking Department. £ £ Capital Rest 3,300,000 Deposits: Public 12,400,000 Govt. tenacities 124,000,000 DisctH.,advances 3,700,000 Bankers 122,300,000 Other acs. 54,700,000 Other securities 25,200,000 Notes and coin 53,900,000 £207,400,000 £207,400,000 Proportion of reserve to liabilities, 28.50 per cent., compared with 30.73 per cent. la The principal items of the above return compare as follows with those of last week: — Sept. 24. Oct. 1. Deposits: Public . Bankers Other accounts . ■ £ £ 10,600,000 12,400,000 133,900,000 122,300,000 52,300,000 54,700,000 £ 106,800,000 £189,400,000 Securities: . Government ..... Dlsctn., advances . Other securities . 129,100.000 124,600,000 4,600,000 3,700,000 20,700,000 25,200,000 60,400,000 53,900,000 671,400,000 677,800,000 200,000 200,000 Note circulation . Gold coin & bullion

stc’a. Rails. trials. mines KebStar. Apl. Mar. 112.3 43.9 SS.5 173.4 3 11‘2.3 113.2 113.2 42.3 45.2 45.2 85.0 85.4 84.3 1.70 5 173.9 167.3 113.1 •15.1 ST.4 170.0 113.8 47.3 88.3 168.5 Aug. Sept. Sept. Sept. Sept. 1 113.5 49.0 93.3 171.8 113.0 52.4 90.7 176.2 18 23 11-1.2 113.9 51.« 51.2 98.4 97.6 179.2 177.0 24 114.0 51.0 9S.5 177.6 Sept. 114.1 51.6 98.5 178.2 26 113.9 51.3 9S.1 178.3 Sept. 30 114.0 51.5 98.2 1 i b.-l Oct. 1 114.0 51.5 9S.1 177.8 Oct. 114.0 52.0 99.7 17S.2

20 Rail road b. 30 1 utiiistrir Sharer Is sold 0 28.40 132.83 720,1X10 Mar. 27.32 120 88 830,01X1 28.07 123.47 ■150,000 Mav • » 28.51 115.72 •100,000 27.56 1.1.6.18 260,000 «I ulv «» 28.45 123.58 390 000 Aug. i 30.88 128.22 6.80,1 XX Sept 30.17 128.31 520.000 Sept. 23 29.13 128.03 ■190.000 Sept 25 20.10 127.54 550.tX.-0 Sept 26 28.06 125.81 490.000 Sept 27 2S.97 126 03 190,0-.'9 Sept 29 28.63 126.05 ■100.000 Sept 30 28.00 126.82 460.000 Oct. 1 28.83 126.85 370.000 Oct. 2 28.90 126.15 460,000