COMMERCIAL & FINANCIAL

Evening Post, Volume XCIX, Issue 123, 25 May 1920, Page 6

COMMERCIAL & FINANCIAL

BANK OF ENGLAND RETUEN. (UNITED MBSS ASSOCIATION.—COPIHIQBT.) (AUSTRALIAN ■ NEW ZEALAND CABLB ASSOCIATION.) LONDON, 20th' May. The leading Items of the-Bank of Enplane] return afford the following conparisons with those of last nfck:— This week last week .£ . , £ Bullion 111,994,000 111,992,000 Reserve 20,041,0.00 19,656,000 Note Circulation ..-110,831,000 111,313,000 Public Deposits .... 20,061,000 21,428,000 Other Deposits .... 101,389,000 99,404,000 Proportion of reserves to liabilities 16.50 16.27' IMPERIAL AND COLONIAL GOVERN-' \ | . -■ ■ MENT" SECURITIES. ! Following are latest quotations for Imperial and Colonial Government securities:— ■ This week. Last week. £s. d. £s. A | 21 p.c. Imperial Consols.. '47 7 6 43 15 0 I 5 p.c. War Loan 85 10 0 85 5 0--31 p.c. War Loan 82 12 6 82 0 0 5J p.c. Aus. Commonw'th "95 15 0 95 15 0 6J p.c. Aus. Commonw'th 94 15 0 92 17 6 4 p.<s. New South Wales 76 0 0 78 0.0 3J p.c. New South Wales 62 15 0 62 15 0 8 p.c. New South Wales 59 15 0 50 10 0 4 p.c. Victoria 99 0 0 99 2 6 S{ p.c. Victoria (1929-49) 82 0 0 82 0 0 3} p.c". Victoria (1921-6).. 55 10 0 55 10 0 3 p.c. Victoria '. 59 0 0 59 10 0 3J p.c. South Australia.. 67 o' 0 67 0 0 3 p.c. South Australia .. 49 10 0 49 10. 0 4 p.c. Queensland ...;.. 87 15 0 87 15 0 3$ p.c. Queensland, 1922-47 84 0 0 '84 0 0 x\ p.c. Queensland, 1930-50 94 0 0 94 0 0 3 p.c. Queensland. 54 17 6" 55 0 0 4 p.c. New Zealand .... 80 10 0 80 5 0 3i p.c. IMw Zealand .... 6"6 5 0 Bfl 0 0 3 p.c. New Zealand 57 5 0 57 5 0 Si p.c. West Australia .. 70 5 0 70 5 0 3" p.c. West Australia .. •68 0 0 68 0 0 3} p.c. Tasmania :. 64 10 0 64 0 0 3 p.c. Taftaania .•..'. '61 0 0 -61 0 0

THE MONEY MARKET. • LONDON, 20th May. Bank of England rate, unchanged, at 7 per cent.; three months' bills are 6J per cent., a fall of 10s on thQ week. Short loans are 5J per cent., a fall of 2s 6d on the week. . The Department of Agricnlutre has received the following cablegram, dated 21st inst., from the High Commissioner for New/Zealand, London :—"Hemp: Manila market is easier; poor demand early this week, but fair business has been done later at lower prices. < "J" grade, February to June shipments, sold £63; JuiySeptember shipment about £65 10s; New Zealand market quiet, and prices unchanged. Honey: Feeling in market is better though demand has been chiefly for low grade. New Zealand unchanged, but prospects are favourable.", ' . • . ■ |