MONEY AND MARKETS

Evening Star, Issue 18809, 6 December 1924, Page 10

MONEY AND MARKETS

Press Association —By Telegraph—Copyright. FOREIGN EXCHANGE BATES. LONDON, December 4. (Received December 6, at 9 a.m.) The exchange rates are as follow :

Calcutta, st. to rpo. 10 to gold £1 18 * Determined by price of silver. —A. and N.Z. Cable. [The rates quoted 011 December 1 wore : --Paris, 85.15; Brussels, 93.30; Christiania, 31.30; Berlin, 19.46; Copenhagen, 26.48; 'Stockholm, 17.24; Montreal, 4.645; New York, 4.64; Rome. 106§; Hongkong, 28;J; Yokohama, 20; Calcutta, 10.] NEW YORK, December 4. Sterling reached a new high level for 1924 in New York to-day of 4.682 dollars, gaining 2 2 L cents overnight.—-Router. BANK OF ENGLAND RETURNS. LONDON, December 4. (Received December 6, at 9 a.m.) Following aro the Bank of England returns for the week ended December 4 : Coin and bullion £126,672,000 Reserves 24,449,000 Proportion of reserve to liability. per cent 17.02 Note circulation 123.796.C00 Public deposits 10,400,0C0 Other deposits 133,796,000 Government securities 64,152,000 Other securities 72,852,000 Short loans, 2jj- per cent.; three months’ bills, 3i’. A. and N.Z. Cable. GOVERNMENT SECURITIES. LONDON', December 4. (Ilrceivecl December 6, at 9 a.m.) The following are the latest- quotations for Government securities :

WITIiR AMD CHEESE. LONDON, December 4. (Recoovcd December 6, at 9 a.m.) Butter is quiet. New Zealand choicest, 202 s to 2045; exceptionally good, 210 s ; Australian, ISOs to 1925; unsalted, 192 s to 1945; Danish, 238 s (hardening). Cheese : Slow. New Zealand. 925; Australian, 86s to 88s.— A. and N.Z. Gable. WOOL. LONDON. December 4. (Received December 6, at 9.30 a.m.) At the London wool sales there was a miscellaneous offering. Prices were unchanged. The Bradford (ops market is quiet. Quotations are unchanged.—A. and i\.Z. Cable. SHARES. LONDON, December 4. (Reccovod December 6, at 9 a.m.) Wailii shares : Buyers 25s 9d, sellers 26s lOd. P. and 0. : Buyers £317, sellers £327. - A. and N.Z. Cable. METALS. LONDON, December 4. (Received December 6, at 1.20 a.m.) Copper: Spot, £63 16s 3d; forward, £64 18s 9d. Lead, £39 5s and £36 17s 6d. Spelter, £35 2s 6d and £35 ss. Tin, £259 12s 6d and £262 12s 6d. -Silver; Standard, 32 15-16 d per 07.; fine, 35 9T6d per oz. Gold, 89s 2d per oz.—A. and N.Z. Cable. CHICAGO WHEAT QUOTATIONS. NEW YORK, December 4. Chicago wheat : December 1541 cents, May 160,', cents, July 14L) cents per bushel.—Reuter. WHEAT, FLOUR, ETC. LONDON, December 5. (Received December 6, at 10.15 a.m.) Wheat- cargoes aro quiet. The selling pressure has declined. Parcels are quietat a slight decline. Liverpool futures, December 12s 5Jd per cwt, March 12s 6j-d, May 12s sgd. The spot trade is moderately active and prices generally arc lower at about 53s sd. Flour is quiet. Australian, 46s 9d, Oats are easier, but fairly steady at a deeJine. A Cartons, 33s 355. Peas are slow. Blues, Tasmanian, 70s to 765; New Zealand, 63s to 70s; Maples, Tasmanian, 380 s to 4205; New Zealand, 340 s to 5605. Beans are quiet. New Zealand. 49s to 51s. Sugar, granulated, 35s 4£d. —A. and N.Z Cable:

Par. Dec. 4. Paris, fr. to £1 22.225 84.90 Brussels, fr. to £1 22.225 93.75 Dhrisiiania, kr. to £1 , 18.159 31,25 Berlin, reiclisim irks to £1 20.15 19| Copenhagen, kr. , to £1 18.159 26.50 Stockholm, kr. to £1 18.159 17.35 Montreal, dol. to £1 4,86 4.68$ New York, dol. to £1 4.86 4.68| Pome, lire to £1 ... 22.22.ji 1084 Hongkong, st. to dol. * ' S K c Yokohama, st. to vim 21.5 ' 17 13-16

Imperial consols, p.c. £58 0 0 War loan, 5 p.c., 1920-47 101 7 6 War loan, 3j p.c., 1925-28 ... 97 5 0 Con. loan, 31, p.c 79 7 6 Commonwealth 5j p.c., 1931-41. 101 2 6 Commonwealth 6 p.c., 1922-27 106 7 0 X.Z. 6 p.c., 1938-51 110 12 6 X.Z. 4 p.c., 1929 96 0 0 X.Z. 31 p.c., 1940 85 0 O X.Z. 3‘n.c., 1945 77 10 0 X.S.W. 61 p.c.. 1930-40 108 12 6 X.S.W. 6" p.c., 1938-40 104 12 6 X.S.W. 52 p.c,. 1922-23 101 2 6 X.S.W. 4 p.c., 1923 92 0 0 X.S.W. 3 p.c., 1930-50 85 7 6 X.S.W. 31 p.c,, 1935 70 10 0 Vic. 5 p.c.", 1930-40 101 2 6 Vic. 31 p.c., 1921-26 98 5 0 Vic. 3j p.c., 1929-40 72 7 6 Vic. 3 p.c., 1929-49 80 0 0 Q’lauc! 6 p.c.. 1930-40 106 5 0 Q"land 4 p.c., 1924 99 15 0 Q'hnul 31 p.c., 1924 92 10 0 Q’land 3“p.c.. 1922-47 71 0 0 S'.A. 6’- p.c., 1920-40 108 12 6 S.A. 31, p.c,, 1945 or after ... 84 0 0 S.A. 3 p.c., 1930 63 0 0 W.A. 3 p.c., 1930-35 87 0 0 W.A. 3 p.c., 1915-35 83 15 0 Tas. 61 p.c., 1930-40 108 15 0 Tas. 3| p.c., 1920-40 83 15 u Tas. 3 p.c., 1920-40 77 0 0 —A. and N.Z Cable.