MONEY AND MARKETS

Evening Star, Issue 19002, 25 July 1925, Page 4

MONEY AND MARKETS

FOREIGN EXCHANGE RATES,

Press Association—By Telegraph—Copyright,

LONDON, July-23. (Received July 25, at I a.m.) The exchange rates are.as follow:

BANK OF ENGLAND RETURN

Press Association—By Telegraph—Copyright

LONDON, July 23,

(Received July 25, at 1 a.m.)

The Rank of England return affords the following comparison with the return for the previous week—

GOVERNMENT SECURITIES

Press Association—By Telegraph—Copyright.

LONDON, July 23. (Received July 25, at 1 a.m.) The following are the latest quotations for Government securities:—

BUTTER AND CHEESE

Press Association —By Telegraph—Copyright,

LONDON, July 23. Butter is firm, but the high prices are somewhat : checking the demand. New Zealand choicest salted, 194 s to 19Cs; unsalted, 198 s to 200 s; Australian salted, 188 s to 190 s; unsalted, 194 s to 1965; Danish, 208 sto 210 s. Cheese is firm. Now Zealand, 110 s; Australian, practically cleared, nominally* 101 s.—A. and N.Z. Cable. WHEAT, flour, etc.

Press Association—By Telegraph—Copyright.

.; ' LONDON, July 23. Wheat cargoes opened firm, sellers asking an .advance of (3d to 9d. Buyers W'ere indifferent to business. Sales were made at about 565. Parcels were steady and unchanged to 6d advance. Sales took place up to 575. Liverpool futures: July 11s 10A (buyers), October 10s Sid (sellers), December 10s 4Jd (sellers).. The spot trade is slow, and prices are irregular. Australian (ex ship), 49s 6d. , .. , Flour is easier. Australian (ex store), 41s fid.to 425. Oats are firm. Peas and. beans arc quietly steady. Sugar (granulated), 30s 7Jd. —A. and N.Z. Cable. HIDES AND RABBITSKINS. Press Association-By Telegraph-Copyright. LONDON, July 23. At the hides sale there was a steady and fair demand, and quotations were unchanged. . , . nm , , At the rabbit skin sales 1,900 hales were offered, and 1,300 sold, hurneis sorts were in good demand at iull Ma\ prices. The best hatters were very firm, hut inferiors declined 10 per cent., closing weak—A. and A.Z. Cable.

METALS

Press Association—By Telegraph -Copyright

LONDON, July 23.

(Received July 24, at 1 a-.m.) Copper, £62 6s 3d and £63 6s 3d. Lead, £35 3s 9d and £34 11s 3d. Spelter, £35 5s 8d and £35 15s. Tin, £263 8s fid and £266 Is 3d. Silver: Standard, 32 l-16d per oz, fine, 34 5-Bd.—A. and N.Z. Cable.

Paris, franc to £I Brussels, franc o £1 ... Julvi’O. 103.0.5 July 23. 103.15 ... ... 104.1)5 105.15 Oslo, kroner to £1 ... ... 26.68 26.70 Copenhagen, kroner to £1 ... 22.66 22.17 Stockholm, kroner to £1 ... ... 18.07 18.09 Berlin, reichmnrkcn to £1 New York, dollar to £1 Montreal, dollar lo ... 20.42 IS 20.40 Kome, lire to /fl ... ... 1311 13.'H .12.101 Amsterdam, guilders to £1 ... 12. fflj Batavia, guilders to ... 10.03 12.03 Yokohama, st. to ven ... ... 20J a Calcutta, st. to rupep, 10 to £\ l«i Hongkong st to dollar ... ... 2St 281 —A. and N.Z. Cable.

Coin and bullion ... July 15. ,£159,820,000 July 23. £101,444,000 Reserves 38,108,000 39,593,000 Notes in circulation ... 141,308,000 — Government deposits ... 12,595,000 15,574.000 Oilier deposits ... ... 1)5,229,000 110,091.000 Government securities ... 30,000,000 S4.lHiO.000 Discounts and. advances 71.CS4.000 09,720,000 Proportion of reserve to liabilities ... 29.80 31.35 Short loans ... 3J 3| Three months 1 bills 4 5-10 -A. and N.Z, , Cable.

Imperial consols, 2£ p.c £tr 0 0 War loan, 5 p.c., 1929-47 100 12 (> War loan, 3£ p.c M 1925-28 ... 97 5 0 Conversion loan, 3J p.c. .. * 77 5 0 Commonwealth' 6 p.C., 1031-41 104 12 0 Commonwealth 5J p.c., 1922-27 100 10 0 New Zealand 6 p.c., 1930-51 ... ... 107 0 0 New. Zealand 4 p.c., 1920 95 17 ’6 New Zealand 3J p.c., 1040 ... * ... K1 7 fi New Zealand 3 p.c., 1945 75 5 0 New South Wales 0} p.c., 3030-40 104 0 (I New South Wales 0 p.c., 3030-40 103 7 6 New South Wales 5J p.c., 3022-23 101 5 0 New South Wales, 4 p.c., 1033 ... 91 7 6 New South Wales 3£ p.c., 1030v'O 82 7 fi New South Wales 3 p.c., 1033 ... 70 7 6 Victoria 5£ p.c., J 030-40 102 ,2 fi Victoria H| p.c., 3021-20 99 5 0 Victoria 3 p.c., 1020-40 70 0 0 Victoria Hi p.c., 3020-40.. 79 0 0 Queensland 0 p.c., 3030-40 101 10 0 Queensland 3$ p.c., 1030 91 15 0 Queensland 3 p.c., 1022-47 09 7 6 South Australia 6-J p.c., 3030-40 ... 100 0 0 South Australia 31 p.c., 1939 82 10 0 South Australia 3 p.c., 1010 or after fit) 10 0 West Australia 0 p.c., 1030-40 ... 102 0 0 West Australia Hi p-c., 1020-35 85 10 0 West Australia 3 p.c., 1015-35 ... 81 0 0 Tasmania 6J p.c., 3030-40 ... ... 104 5 0 Tasmania 3$ p.c., 1020-40 82 10 0 Tasmania 3 p.c., 1920-40 ... 77 10 0 ' —A. and N.Z. Cable.