MONEY AND MARKETS

Evening Star, Issue 18393, 29 September 1923, Page 2

MONEY AND MARKETS

Pres* Ansooiation —By Telegraph—Copyright.

FOREIGN EXCHANGE BATES,

LONDON, September 27. (Received September 29, at 1 a.m.)

The exchange on Berlin is nominally botween 650,000,000 and 750,000,000 mark? to the £.— A. and N.Z. Cable,

BANK OF ENGLAND RETURNS,

LONDON, September 27. (■Received .September 29, at 1 a.m.) Tho Bank of England returns for the week were:

—A. and N.Z. Cable,

GOVERNMENT SECURITIES.

LONDON, September 27. (Received September 29, at 1 a.m.) The following- are tho latest quotation* for Government securities:

METAL GREETS. LONDON, September 27. Copper : Spot, £62 16s 3d j forward, £63 6s 3d. Lead-; Spot, £26 ss; forward, £25 12s 6d. Spelter: Spot, £33 ss ; forward, £32 10s. Tin ; Spot and forward, £l9B 12s 6d. Silver, per ounce.—A. and N.Z. Cable.

VICTORIAN CONVERSION LOAN

LONDON, September 27,

The conversion applications for the Victorian loan amount to £5,299,000 and the cash applications to £12,356,000. Tie applicants will receive about 30 per cent, of the conversion. The loan opened _ at to g per cent, premium.—A. and N.Z. Cable.

HIDE SALES. MELBOURNE, September 28, The hides market was irregular and bidding was easy. Those showing weight, quality, and condition wore unchanged, ana other classes were gd kw«r.

Sept. 20. Sept, is 6 Paris, fr to £ ... 77.00 73.85 Brussels, fr to £ ... ... 91.70 86.45 Christiania, kr to fi ... 28.27 28.62 Copenhagen, kr to jj ... 25.17 25.56 Stockholm, kr to £ ... 17.13 17.18 Borne, lire to £ ... 103| 98* New York, dol to £ ... 4.54* 4.551 Montreal, dol to £ ... 4.65* 4.6b J Hongkong, dol to £ ... 27|d 27gd Yokohama, st to yen ... 25|d 2o|d Calcutta, st to rupee ... 16 5-16 16.1

Coin a.nd bullion ... £125,828,000 Reserves ... 23,406,000 Notes in circulation ... 124,002,000 Government deposits ... ... 13.517,000 Other deposits ... _ ... 104,563,000 Government securities ... ... 41,780,000 Discounts and advances ... 71,164,000 Proportion of reserves to Per cent. liabilities ... „. 19,82 Short loans ... ... 2* Throe months’ bills 3 1-16

Imp, Consols, 2£ per cent. ... £58 10 0 War Loan, 5 per cent,., 192947 102 10 0 War Loan, per cent., 1923-28 95 10 0 Conv. Loan, i>er cent 79 2 6 Com. 6 per cent., 1921-31 104 12 6 Com. 5i per cent., 1922-27 ... 102 17 6 X.Z. 6 per cent., 1926-31 TOO 15 0 N.Z. 4 per cent., 1929 96 2 6 X.Z. por cent., 1940 84 16 0 X.Z. 3’per cent., 1940 73 15 0 X.S.W. 6i per cent., 193440 ... 107 10 0 X’.S.W. 6 por cent., 19130-40 ... 105 10 0 X.S.W. 5J per cent., 1922-23 ... 102 2 6 N.S.W. 4 per cent., 1933 91 5 0 X.S.W. 3i per cent., 1923-50 ... 80 7 6 N.S.W. 3 per cent., 1925 78 0 0 Vic. per cent., 1930-40 102 2 6 Vie. p>er cent., 1921-56 $7 2 6 Vic. 31 per oent., 1929-40 79 16 0 Vic. 3 per cent., 1929-49 ... 73 0 0 O'land 6 par cent., 193949 104 10 0 Q’land 4 por oent., 1924 99 7 6 Q’lruncI 31 per cent., 1924 98 0 0 Q’land 3j per oont., 1950 „. 90 0 0 Q'Innd 3 per cent., 192347 70 5 0 S.A. £4 P 01- cent., 1920-40 107 17 6 W.A. 3 per cent., 1915-35 80 15 0 Tas. 6i per wnt., 193040 107 16 0 Tas. 3 per cent., 1920-49 79 0 0 Tas. 31 per cent., 193040 54 6 0 —A. and X.Z Cable.