MONEY AND MARKETS

Evening Star, Issue 19298, 10 July 1926, Page 4

MONEY AND MARKETS

Press Association—By Telegraph—Copyright. FOREIGN EXCHANGE RATES. LONDON, July 8. The exchange rates are ns follow

GOVERNMENT SECUIUTIES. LONDON, July 8. The following are the latest quotations for Government securities:—

BANK OF ENGImND RETURN. LONDON, July 8. The following is tho Bank of England return for Wednesday : ISSUE DEPARTMENT. Note circulation £142,217,000 Notes in reserve 26,722,000 £168,939,000 Government debt £11,015,000 Other securities 8,735,000 Gold coin and bullion 149,189,000 £168,939,000 BANKING DERARTMENT. Proprietors’ capital £14,553,000 Public deposits 15,403,000 Other deposits ... 105,595,000 Rest, seven-day'and other bills 5,487,000 £140,133,000 Government securities £37,520,000 Other, securities ... 74,560,000 Notes in reserve 26,722,000 Gold in reserve 1,331,000 £140,133,000 The note circulation is £142,217,000, compared with £141,705,000 a week ago. The proportion of reserve to liabilities has risen trom 17.10 to 22.90. Short loans are quoted at 4 per cent., and three-month bills at 4f per cent. —A. and N.Z. Cable. WHEAIVIxOIIR, ETC. LONDON, July 8. Wheat cargoes finned .‘3d to 6d, when buyers paused. Parcels arc quiolly steady at 60s 6(1, 61s, and 58s 3d. Liverpool futures: July I.ls 6:]d per rental, October 10s (Rd, December 10s o)d. Tho spot trade is firm; Australian (ex ship), 60s Pd. Fleur is quiet. Australian (ox store), 43s 6d to 445. Oats are irregular. Peas arc steady and bonus arc quiet. Sugar: Granulated, 2Ds 71 d per cwt. —A. and N.Z. Cable. TALLOW. LONDON, July 8. At the London tallow sales 415 casks were offered and 216 were sold, Tho prices were unchanged,—A. and N.Z. Cable. METALS. LONDON, July 8. Copper: Spot, £57 6s 3d; forward, £sß' Is 3d. Lead: Spot, £3O 17s 6d. Spelter; Spot, £33 18s 9d; forward, £33 18s Pd. Tin: Spot, £277 ]2s 6d; forward, £277 12s Gd. Silver: Standard, 30 l-16d per oz; fine, 32 P-16d.—A. ami N.Z. Cable. A SOUTH AFRICAN LOAN. LONDON, July 8. The underwriting is proceeding of a Union of South Africa £4,000.000 loan at 5 per cent., redeemable 1945-1075. The price of issue is 100.—A. and N.Z. Cable.

Paris, franc to £1 ... July 5. 180.00 J uly 8. 189.50 Brussels, franc to £1 188.87 200.75 Oslo, kroner to £1 ... 22.1+ 22.22 Copenhagen, kroner to £1 18.35 13.35 Stockholm, kroner to' £1 18.14 18.14 Romo, lire to £1 139.12 147,25 Berlin, roichmnrken to £1 20.42 20.45 Montreal, dollar to £1 4.85? 4.85? Now York, dollar to £1 4.8615-16 4.864 Yokohama, st. to yen 23i 231 Calcutta, st. to rupee 1715-16 17J Hongkong, st. to dollar 27 i 271 Amsterdam, guilder to £1 12.11 J 12.1 Ig Batavia, guilder to £1 12.05, 1 , 12.05 —A. and N.Z. Cable.

Imperial Consols, ZJ* p.c War loan, 31 p.c., 1925-28 £55 12 6 98 15 0 Conversion loan, 31 p.o 76 0 0 Comraomvaa.ilh 6 p.c., 1931-41 ... 103 17 6 Commonwealth p.c., 1922-27... 100 5 0 Now Zealand 6 p.c., 1936-51 ... New Zealand 4 p.c., 1929 108 10 0 97 2 6 New Zealand p.c., 1940 84 15 0 New Zealand 3 p.c., 1945 75 17 6 New South Wales 6j-p.c., 193040 105 5 0 New South Wales 6 p.c., 1930-40 103 5 0 New South Wales 5J p.c., 1922-32 New South Wales 4 p.c,, 1933 ... 100 12 6 91 7 6 Now South Wales 3a p.c., 1930-50 82 5 0 Now South Wales 3 p.c., 1935 ... Victoria 5| p.c., 193040 Victoria 5 p.c., 1932-42 73 5 0 101 15 0 99 17 6 Victoria 4;| p.c., 1921-26 96 5 0 Victoria 3£ p.c., 1929-49 Victoria 3 p.c., 1929-40 77 15 0 71 0 0 Queensland 6 p.c., 1930-40 103 2 6 Queensland 31,- p.c., 1930 Queensland 5 p.c., 192247 South Australia 6i p.c., 1930-40 92 0 0 68 0 0 103 0 0 South Australia 31, p.c., 1929 ... S. Australia. 3 p.c., 1916 or aflra82 .5 0 60 5 0 west Australia 6 p.c., 1930-40 ... West Australia 3|- p.c., 1920-35 102 0 0 86 10 0 West Anstrala 3 p.c., 1915-35 ... S3 10 0 Tasmania 6£ p.c., 1930-40 103 10 0 Tasmania 3 p.c., 1920-40 83 5 0 Tasmania 3]- p.c., 1920-40 78 15 0 —A. and N.Z. Cable.