MONEY AND MARKETS

Evening Star, Issue 19352, 11 September 1926, Page 11

MONEY AND MARKETS

Press Association—By Telegraph—Copyright FOREIGN EXCHANGE RATES. LONDON, September 9. (Received September 11, at 1 a.m.) The exchange rates are as follow:

GOVERNMENT SECURITIES. LONDON, September 9. (Received September 11, at 1 a.m.) The following are the latest quotations for Government securities:—

BANK OF ENGLAND RETURN. LONDON, September 9. The following is the Bank of England return for Wednesday;— ISSUE DEPARTMENT. Note circulation .. -• ••• —• £140,304,000 Notes in reserve •** *** **• £173,087,000 Government debt .««-«-« £11.015,000 Other securities Gold coin and bullion - 153,937,000 £173,687,000 I BANKING DEPARTMENT. I Proprietors’ capital _> £14,553,000 Public deposits Other deposits ~. ••• 106,16^,300 Rest, seven-day and other bills ... £137,439,000 Government securities ... Other securities ... Notes in reserve ... ... ... Gold in reserve ... £137,439.000 The note circulation is £140,304,000, compared I with £141,289,000 a week atjo. The proportion of reserves to liabilities !s 29.30 per cent., compared with 27.30 per cent. last week. Short loans are 3uot*d at 4 per cent., and three-months bills at 9-16 per cent. WHEAT, OATS, ETC. LONDON, September 9. Wheat cargoes; Prices are steady in view of chartering from America and Argentina, but the demand is still quiet. Parcels are in fair demand at an advance of 3d owing to the increased freights. Liverpool futures: October 10s 7id, December 10s 5Jd, March 10s 4-}d, May 10s 3id per bushel. The spot trade is slow, and prices are tending easier. Australian (ox store), 60s to 625.

Oats: Slow. A grade Cartons, 325. Reas: Blues are quiet; Tasmanian, 340 s to 380 s; New Zealand, to 3GOs. Maples are firm; Tasmanian, 100 s to 105 s; New Zealand, 95s to 100 s. New Zealand beans, 45s to 475, butterTand CHEESE. LONDON, September 9. Butter is very dull, and quotations for colonial are more or less nominal. New Zealand choicest salted, 154 s to 1565; exceptionally choice, 1625; Australian, 152 sto 1545. Danish is firmer owing to Germany buying, and is quoted at 178 s. Cheese is flat. New Zealand, 80s to 82s. WOOL AND SHEEPSKINS. LONDON, September 9. On the Bradford tops market merinos were a shade easier, and business was limited awaiting the London opening. Cross-breds were well maintained. Sixty-fours, 49d; sixties, 44Jd; fiftysixes, 33d; fifties, 26d; forty-sixes, 22£d; forties, 21d._ At the sheepskin sales 5,922 were offered, of which 60 per cent, was sold. Full-woolled wore firm at the July rates; half-woolled, par to 5 per cent, down; pelts, 5 per cent, down; Australian lambs, 5 per cent. up. The home trade were the principal buyers, the United States taking little. METAL MARKET. LONDON, September. 9. Copper: Spot, £59 Is 3d; forward, £59 13s 9d. , , Lead; Spot, £32 3s. 9d; forward, £3l 16s 3d. Spelter; Spot, £34 Is 3d; forward, £34 7s 6d. Tin; Spot, £302 12s 6d; forward, £295 7s 6d. Silver: Standard, 28|d; fine, 30£d. P. AND O. SHARES. LONDON, September 9. P. and O. shares are quoted at £252.

Sept 6. Sept. 9. Paris, franc to £i ... 163.87 170.00 Brussels, franc to ... ... 175.37 178.00 0->lo, kroner to £\ ... 22.15 22.15 Copenhagen, kroner to iji 1820 lfi'28 Stockholm, kroner to £1 • ... 18.16 18.16 Rome, lire to £1 ... 130.12 131.75 Berlin, reidimarken to ifi 20.40 21.30 Montreal, dollar to £] v r-\ 4.85 l ti-.a M.si; x r.tr

New York, dollar to £1 •• ... 4.853 4.83 Yokohama, st. to yon ... 23 13-16 23J Calcutta, st to rupee . ... 18 18

Hongkong, st. to dollar 2(5} 2fii Amsterdam, guilder to £1 ... 12.11 12.11 Batavia, guilder to £1 ... ™ 12.10 12.09}

Imperial Consols p.c War loan, 5 p.c., 1929*4!) - - /M 13 101 7 6 6 War loan, 11$ p.c., 102^-28 Conversion loan, 3$ p.c Commonwealth 6 p.c., 1931-41 ... ... ... 97 17 6 ... ... 74 5 103 12 0 6 Commonwealth 5$ p.c., 1923-27 New Zealand 6 p.c., 103G-51 ... ... ... 101 108 2 5 0 0 New Zealand 4 p.c., 1929 ... »•« 97 7 6 New Zealand 3i p.c., 1040 m ... 89 IS 0 New Zealand 3 p.c., 1943 New South Wales 64 p.c., 1990-40 New South Wales 6 p.c., 1930-40 M. ... 70 0 0 ... ... 103 IS 0 ... ... 102 17 6 New South Wales 5| p.c., 1022-33 ... ... 101 10 0 New South Wales 4 p.c., 1033 ... ... 91 13 6 New South Wales 3 p.c., 1033 ... ... ... 81 IS 0 New South Wale 3| p.c., 1930-50 Victoria 5 p.c., 1930-40 ... ::: 74 im 3 0 6 0 Victoria, 4? p.c., 1933-43 ... ... 98 12 6 Victoria 4J p.c., 1910-60 ... ... ;M> 0 0 Victoria, 3 p.c., 1929-49 .- ... H . 71 0 0 Victoria, p.c., 1920-49 ... «. ... ... 7n 15 0 Queensland 6 p.c., 1030 40 « ... W JU2 15 0 Queensland 3$ p.c., 1030 Oneenslnnd 3 p.c.. 1922-47 South Australia 0\ p.c., 1930-40 ... ... 92 J2 m 17 6 0 ... ... 109 17 c South Australia 34 p.c., 1939 ... ... ... 82 10 0 South Australia 3 p.c., JOltJ or after 60 0 0 West Australia 0 p.c., 1030-40 ... — 102 2 fi West Australia 3$ p.c., 192P-35 West AuRtrr.Ua 3 p.c.. 1915-35 ... " 87 84 0 0 0 0 Tasmania p.c., 1990-40 ... ... 104 0 0 Tasmania 34 p.c., 1920-40 ... ... ... ... 83 10 0 Tasmania 3 p.c., 1920-40 ... *** 78 0 0