COMMERCIAL

Evening Star, Issue 19310, 24 July 1926, Page 10

COMMERCIAL

Press Association—By Telegraph—Copyright. FOREIGN EXCHANGE RATES. LONDON, July ,22. The exchange rates aro as follow:--

GOVERNMENT SECURITIES. LONDON, .Tuly 22. The following are the latest quotations for Government securities: —

—A. and N.Z. Cable. BANK OF ENGLAND RETURN. LONDON, July 22. Tho following is tho Bank of England return for Wednesday:— ISSUE DEPARTMENT. Note circulation £141,84< ,000 Notes in reserve ... ... 28,854,000 £4:0,204,00(1 Government debt £11.01;i,000 Other securities 8.785,000 Gold coin nnd bullion 150,451,000 £170.201,000 BANKING DEPARTMENT. Proprietors’ capital £J4,;m3,00C) Public deposits 7,012,000 Other deposits 114,9< 2,000 Rest, seven-day nnd other bills 3,477,000 £149,019,000 Government securities Other securities ... 60,942,000 Notes in reserve 27.854,000 Gold in reserve. 1,283,000 £149,619,000 The note riiculalion is £141,347.000, compared with £141.469.000 a week ago. The proportion ol reserve to liabilities has risen from 24 lo 24.9 p'w cent. Short loans arc quoted at 4 1-3 per cent., and three-month bills at 4 9-32 per cent, —A. and N.Z. Cable. BUTTER AND CHEESE. LONDON, July 23. Butter; There is a slightly improved demand for best sorts, but inferiors aro very slow. Choicest salted, New Zealand, IGBs to 170 s; Australian, IGfs fo ICGs; unsalteds about 2s premium. Danish, firmer at I7Bs. Cheese; Dull. New Zealand white, 85s; colored, 82s. Australian not offering.—A. and N.Z. Cable. LONDON WHEAT MARKET. LONDON, July 23. Wheat cargoes cased 3d to M on reports of rain in Canada and better expectations of the American winter yield. Parcels aro quiet at 3d to 6d decline. Liverpool futures: July 13s Bd, October 10s 9|d, December 10s Bild. Spot dull. Australian, ex ship, 61s 6d.—A. and N.Z. Cable.

July in. July 22. Baris, franc to £1 ... 222.5(1 21K.I.IU Brussels, franc to £ 1 ... 3)9.;« 213.50 Oslo, kroner to £l ... 22. K) 22.1.5 Copenhagen, kroner to ... 18.35 13.So Stockholm, kronor to £1 ... ... IK. Id Rome, lire lo £1 ... I4r>.:r, 1.5ft. 2.5 Beilin, rcidimaiken to £] ... 20.34 211.43 Montreal, dollar to jT.l ... 4.8.-1 4-8-H New York, dollar to vll ... ... 4.8KS 4.86 Yokohama, si. to yen ... ... 23 3-Iff 23J Calcutta. St. to rupee Hongkong, st. to dollar ... ... 17 15-10 2d 17 15-16 26J Amsterdam, guilder to £ 1 ... Batavia, guilder lo jdl ... ... 12-inj IS.OfiJ I2.fl9i 12.05 —A. and N.Z. Cable.

Imperial Consol--, ill p.c War loan, 5 p.c.. U'29-47_ War loan, 3t p.c., 1925-28 ... ::: iSi !)8 12 3 17 6 fi Conversion loan, 3\ p.e ... ... Commonwealth T>\ p.c,, I922-2< ... ... 104 5 Commonwealth p.e., 1922-27 ... ... m u i] New Zealand 6 p.c., 1930-51 ... ... ... WIO 17 h New Zealand 4 p.c., IK!) ... ... 97 u New Zealand 3$ p.c., 1910 New Zealand 3 p.c., 1915 ::: ... 53 70 0 2 fi N>w South Wales OJ p.c., 1930-40 ... ... 303 2 New South Wales li p.c., 1930-40 ... ... 102 15 0 Now South W’ah'S 5} p.c., 1022.02 ... ... 100 15 0 New South Wales 4 p.c., 1000 ... ... 91 15 0 New South Wales Si p.c., 1030-50 ... ... S3 10 0 New South Wales 0 p.c., 1035 ... Victoria 5i p.c., 1030-40 ... ... ”3 10 102 2 0 fi Victoria 5 p.c., 1032-42 ... ... 100 2 fi Victoria 4» p.c., 1021-21) ... ... 9G .15 0 Victoria 3£ p.c., 1020-49 ... ... ... 77 U (i Victoria 3 p.c., 1920-40 ... .* ... ... 71 2 fi Queensland 6 p.c., 1030-40 ... ... 100 2 fl Queensland p.c., J930 ... ... Queensland 3 p.c., 1922-47 South Australia 6J p.c., 1030-40 ... ... 0 0 ... ... n« 5 0 South Australia 31 p.c., 1029 ... ... ... 82 0 0 South Australia 3 p.c., 1316 or alter ... no 10 0 West Australia 6 p.c., 1930-40 ... ... ... 101 15 0 West Australia 3$ p.c., 1920-Su ... ... 87 0 0 West Australia 3 p.c., 1015-35 Tasmania 6* p.c., 1030-40 ... ... ... ... 81 0 0 ... ... 103 s 0 Tasmania 3 p.c., 1020-40 ... ... 83 i fi Tasmania 3J p.c., 1320-40 ... ... 78 12 G