MONEY AND MARKETS

Evening Star, Issue 19346, 4 September 1926, Page 10

MONEY AND MARKETS

Press Association—By Telegraph—Copyright, FOREIGN EXCHANGE RATES. LONDON, September 2. (Received September 4, at 1 a.m.) The exchange rates are as follow:—*

GOVERNMENT SECURITIES. j LONDON, September 2. (Received September 4, at 1 a.m.) The following are the latest quotations for, Government securities:—

BANK OF ENGLAND RETURN, LONDON, September 2. The following is the Bank of Engj land return for Wednesday: — ! ISSUE DEPARTMENT. Noie circulation £141,289,000 Notes in reserve 32,53",000 £173,826,000 Government debt £11,015,000 Other securities 8,735,000 Gold coin and bullion 154,076,000 £173,KM,0(.0 BANKING DEPARTMENT. Proprietors' capital £14,533,000 Public deposits ... 15,732,000 Other deposits 108,581.000 Rest, seven-day and other bills 3,719,000 £142,585,000 Government securities ... £38,057,000 Other securities ... 70,568,000 Notes in reserve 32,537,000 Gold in reserve 1,423,000 £142,585,000 Thb note circulation is £141,289,000, compared with £140,271,000 a week- ago. The proportion of reserves to liabilities is 27.30 per cent., compared with 26.70 per cent, last week. Short loans are quoted at 4 per cent,, and three-month bills at 4 9-10 per cent. —A. and N.Z. Cable. BUTTER AND CHEESE. LONDON, September 9, Butter is very slow. New Zealand choicest salted, 164 s to IGGs; exceptionally choice, 1635; Australian, 160 s to 1645; Danish white, 86s to 88s.—A, and N.Z. Cable. .WHEAT, FLOUR, ETC. LONDON, September 2. Wheat cargoes are steadier, and occasionally 3d to fid dearer, on reports of unfavorable weather on the Continent and in Canada. Parcels havo • fair inquiry at fid to 9d advance, Liverpool futures—October (sellers), 10s Bid; December (sellers), 10s fifcd; March, 10s 54d; May, 10s 4*d. The spot trade is quiet. Australian (ox ship), none offering. Flour is slow. Australian (cx store), 43s fid to 445, Oats, peas, and beans are inactive.—> A.' and N.Z. Cable. NEW YORK, September 2. Chicago wheat; September, 1.10 J cents; December, 1331; May, 138 J A, and N.Z. Cable, WOOL. LONDON, September 2. The Bradford tops market is active. Merinos are very firm, and crossbreds aro dear. Sixty-fours, 49 Jd; sixties. 45d: fifty-sixes, 33d; fifties, 26d; forty-sixes, 22}d; forties, 21d.— A. and N.Z. Cable.

BANK OP AUSTRALASIA* f LONDON, September 2. The Bank of Australasia baa declared an interim dividend of ss, with a bonus of Is fid.—A. and N.Z. Cable. P. AND O. SHARES. LONDON, September 2. P. and O. shares aro quoted at £246. —A. and N.Z. Cable.

Paris, franc to j£l ... Aug. 26. ... _. 1(0.12 Sept. 2. 163.13 Brussels, franc to £1 ... ... „. 178.62 173.87 Oslo, kroner to £1 Copenhagen, kroner to £1 ~. ... 22.16 23.15 18.20 18.27 Stockholm, kroner to £1 ._ ... 18.14 18.15 Rome, lire to j£I ... 118.00 131.25 Berlin, reichmarken to £1 ... ... £0.36 £0.39 Montreal, dollar to £\ ... _ ... 4.84J 4.84} New York, dollar to £1 4.85 5-16 4.8.54 Yokohama, st. to yen ... _ ... 23 11-16 23* Calcutta, st. to rupee ... 18 18 Hongkong, st. to dollar ... ... 2G1 26* v 12.11* Amsterdam, guilder to £1 ... ... 121U Batavia, guilder to ajl ... 12.071 12104 —A. and N.Z. Cable. ;

Imperial Consol?, 2J p.c. ... £m ia e War loan, 5 p.c., 1929*47 ... Ml E « War loan, 3} p.c.. 1925-28 ... ... „. 37 8 e Conversion loan, 3J p.c. -. 74 5 0 Commonwealth 6 p.c., 1931-41 ... 102 13 6 Commonwealth 5| p.c., 3922*27 ... Ml 0 0 New Zealand 6 p.c, 1930-51 _. 108 10 e New Zealand 4 p.c., 1929 „ 97 5 0 New Zealand SJ p.c., 1940 ... 85 13 « New Zealand 3 p.c., 1945 ... ... _ 78 0 0 New South Wales GJ p.c., 1930-40 ... 103 10 0 New South Wales 6 p.c., 1930-40 ... 303 17 6 New South Wales SJ p.c., 1922-32 ... Ml 7 a New South Wales 4 p.c., 1933 ... ... 91 IS 0 New South Wales 3J p.c., 1930-50 New South Wales 3 p.c., 1935 ... ... 74 a a ... 81 0 0 Victoria 5 p.c., 1930*10 100 12 6 Victoria 5 p.c., 1932-42 ... 98 10 0 Victoria, 4J p.c., 1921*23 ... ... ... 98 5 0 Victoria 3J p.c., 1929-49 ... 77 0 0 V ictoria 3 p.c., 1929-40 ... 71 32 0 Queensland 6 p.c., 1930-40 ... 102 7 a Queensland SJ p.c., 1930 ... 92 10 a Queensland 3 p.c., 1023-47 ... S5 7 a South Australia 6J p.c., 1930-40 ... ... 103 32 a South Australia 3J 1939 ... 83 5 a South Australia 3 p.c., 1910. or after ... 60 0 a West Australia 0 p.c., 1930-40 ... ... 302 0 a West Australia 3J p.c., 1920-35 ... , ... 87 5 a West Australia 3 p.c., 1915*35 ... , ..1 84 0 0 Tasmania 64 p.c., 1930-40 ... ... , Tasmania 3 p.c., 1920-40 , ... 104 0 0 ... 83 12 a Tasmania 3J p.c., 1920-40 ... ... , —A. and N.Z ... 78 0 . Cable. 0