MONEY AND MARKETS

Evening Star, Issue 18714, 16 August 1924, Page 4

MONEY AND MARKETS

Press Association—By Telegraph—Copyright, FOREIGN EXCHANGE RATES LONDON, August 14. The exchange rates are as follow :

Hongkong, st. to dol. ... * 28^ Calcutta, st. to rpe 10 to gold £1 17 1-15 * Determined by price of silver. The exchange rate on Berlin fpar 20.15 marks to the £1) is nineteen billions.— A. and N.Z. Cable. The quotations on August 11 were : Paris, 80.40; Brussels, 88.12; Christiania, 32.57: Copenhagen, 28.13; Stockholm, 17.13; New York. 4.55|; Montreal, 4.56-Jr; Rome, lOOJf; Yokohama, 22; Hongkong, 28]; Calcutta, 17.] - GOVERNMENT SECURITIES. LONDON. August 14. The following are the latest quotations for Government securities :

BANK OF ENGLAND RETURNS. LONDON, August 14. The Bank of England returns for the week ended August 14 were as follow : Coin and bullion ... Reserves 22.031.000 Notes in circulation 126.034.000 Government deposits 13,406 000 Other deposits Government securities 42,857.000 Discounts and advances ... 75,410,000 Pronortion of reserve to Ha- Per rent. bilities 1^.03 Short loans ... Three months’ bills —A. and N.Z. Cable. BUTTER, CHEESE, WOOL. ETC. LONDON, August 14. Butter is firm and in good demand. New Zealand choicest s*>Red, 200 s to 2025; Australian, 124 sto 1965. Unsalted is practically cleared. Danish, 2155; Siberian, 160 s to 170 s. Cheese is firm. New Zealand colored, 925; white, S6s. Australian colored, 83s to 90s. . „ , Bradford tops are quiet, and all grades are verv firm. Quotations are unchanged. Wheat cargoes have declined by fullv 9,1 owing to Argentine’s selling pressure. Parrels are in fair demand, and are 6d to 9d lower. The spot, trade is quiet, and prices are easier all round. Australian, ex ship, is quoted at 57s 6d. Oats, peas, and beans arc firm at late rates . , . TO Sugar, granulated, is quoted at Cos 10id.— A. and N.Z. Cable. metal's" LONDON. August 14. Copper : Spot, £63 18s 9d ;' forward, £64 18s 9d. Lmrl : Spot, £33 2s 6d; forward, £3., 8S 9d. O’r, Spelter: Spot, £52 10s; forward, £c2 Tin ; Spot, £253 17s 6d; forward, £258 17s 6d. i XT v Silver, 33|d per oz.— A. and N.Z. Cable.

Paris, fr. to £1 Brussels, fr. to £1 ... Par. 25.225 Am?. 14, 80.75 25.225 88.50 Christiania, kr to £1 ... 18.159 30.45 Copenhagen, kr to £1 18.159 27.85 Stockholm, kr to £1 ... 18.159 17.05 New York. dot. to £1 4.86 4.54 Montreal, do!, to £1 ... 4.86 4.55 Rome, lire to £1 22.22-1 ■ 101 Yokohama, st. to yen 21.5 ‘ 22

Imperial consols, 2J p.c. ... ... £57 5 0 War Loan, 5 p.c., 1929-47 ... 101 5 0 War T/oan, 31 p.c.. 1923-28 ... 95 15 0 Con. Loan, 31 p.c ... 78 0 0 Com. 6 p.c.. 1951-41 ... 104 15 0 Com. 5j p.c., 1922-27 ... 101 2 6 N.Z. 6 p.c., 1936-51 ... 109 0 0 N.Z. 4 p.c.. 1929 ... 95 12 6 N.Z 31 p.c., 1940 ... 83 7 6 N.Z. 3'p.c., 1945 ... 76 10 0 N.S.W. 61 p.c.. 1930-40 ... ... 106 12 6 N.S.W. 6 me.. 1930-40 ... ... 104 15 0 N.S.W. 5| p.c.. 1922-32 ... ... 101 10 0 N.S.W. 4 p.c., 1953 ... 91 10 0 N.S.W. 31 p.c., 19.30-50 ... ... 82 15 0 N.S.W. 3 p.c.. 1955 ... 75 5 0 Vic. 5 p.c., 1930-40 ... 103 0 0 VL. 31 p.c., W21-26 ... 93 5 0 Vic. 31 p.c., 1929-40 ... 79 5 0 Vic. 31 p.c., 1929 49 ... 75 0 0 O’lnnd 6 p.c.. 1930-40 .„ 103 17 6 Q’land 31 p.c., 1930 ... 91 0 0 O’land 3 p.c.. 1922-47 ... 70 12 5 S.A. 61 p.c., 1920-40 ... 106 10 0 S.A. 4,1 p.c.. 1945 or after ... 83 7 5 S.A. 3 p.c., 1930 ... 61 15 0 W.A. 6 p.c., 1930-40 ... 104 5 0 W.A. 31 p.c., 1920-35 ... ... 86 7 6 W.A. 3 p.c., 1913-36 ... 81 0 0 Tas. 61 p.c., 1930-40 ... 105 0 0 Tas. 31 p.c., 19 7 0-40 ... 83 5 0 Taj. 3'p.c., 1920-40 ... 76 0 0 —A. and N.Z. Cable.